Monday Sector Laggards: Biotechnology, Drugs

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In trading on Monday, biotechnology shares were relative laggards, down on the day by about 5.7%. Helping drag down the group were shares of Idera Pharmaceuticals ( IDRA ), off about 24.4% and shares of Arrowhead Research ( ARWR ) down about 20.9% on the day.

Also lagging the market Monday are drugs shares, down on the day by about 5.4% as a group, led down by Karyopharm Therapeutics ( KPTI ), trading lower by about 20.8% and Galectin Therapeutics ( GALT ), trading lower by about 19.6%.


Monday Sector Laggards: Biotechnology, Drugs VIDEO: Monday Sector Laggards: Biotechnology, Drugs



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



This article appears in: Investing , Investing Ideas

Referenced Stocks: IDRA , ARWR , KPTI , GALT

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