Health-care companies ticked up as traders rotated back into the beaten-down sector.
Shares of Eli Lilly and UnitedHealth Group, among other companies that have recently seen major downdrafts in their shares, rebounded Monday.
U.S.-listed shares of domestic and Canadian cannabis companies jumped after The Wall Street Journal reported that President Trump is considering reclassifying marijuana as a less dangerous drug. Canopy Growth surged by more than 25%, while Tilray rose almost 40%.
Activist investor Engine Capital has built a stake in Avantor and plans to push the life-sciences company to make major changes or sell itself.
Shares of Compass Therapeutics rose after one of the biopharmaceutical company's cancer-drug candidates showed promise in a clinical trial.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-11-25 1833ET


















