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Tuesday Sector Laggards: Application Software, Biotechnology Stocks

June 02, 2026 — 12:01 pm EDT

Written by BNK Invest for BNK Invest->

In trading on Tuesday, application software shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of ODDITY Tech, down about 30.3% and shares of Verra Mobility down about 15.9% on the day.

Also lagging the market Tuesday are biotechnology shares, down on the day by about 2.5% as a group, led down by Greenwich LifeSciences, trading lower by about 16.4% and Praxis Precision Medicines, trading lower by about 12.3%.

Tuesday Sector Laggards: Application Software, Biotechnology StocksVIDEO: Tuesday Sector Laggards: Application Software, Biotechnology Stocks

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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Stocks mentioned

ODD
VRRM
GLSI
PRAX

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