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Tuesday Sector Laggards: Biotechnology, Drugs

By: BNK Invest
Posted: 7/8/2014 2:26:00 PM
Referenced Stocks: INO;ONVO;IPCI;RARE

In trading on Tuesday, biotechnology shares were relative laggards, down on the day by about 3.8%. Helping drag down the group were shares of Inovio Pharmaceutical ( INO ), down about 10.6% and shares of Organovo Holdings ( ONVO ) down about 10.5% on the day.

Also lagging the market Tuesday are drugs shares, down on the day by about 3.8% as a group, led down by Intellipharmaceutics International ( IPCI ), trading lower by about 11.8% and Ultragenyx Pharmaceutical ( RARE ), trading lower by about 11.3%.

Tuesday Sector Laggards: Biotechnology, Drugs VIDEO: Tuesday Sector Laggards: Biotechnology, Drugs