03:39 PM EST, 11/11/2024 (MT Newswires) -- Health care stocks fell late Monday afternoon with the NYSE Health Care Index down 0.4% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.7%.

The iShares Biotechnology ETF (IBB) declined 0.6%.

In corporate news, Evotec (EVO) shares surged 18% after Bloomberg reported the company is the subject of a potential takeover bid by Triton Partners.