Popular Biotech ETF On Pace For Steepest Daily Drop In a Month

Popular Biotech ETF On Pace For Steepest Daily Drop In a Month


A popular way to bet on the the biotech sector was trading sharply lower on Thursday and on track to register its worst one-day in a month. The iShares Nasdaq Biotechnology ETF was down 1.8%, led by an about 11% decline in Arrowhead Pharmaceuticals Corp. and Novavax Inc. , with its shares off 6.4% on the session.



from Biotech News