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Thursday Sector Laggards: Biotechnology, Drugs


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In trading on Thursday, biotechnology shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of Asterias Biotherapeutics ( AST ), down about 10.1% and shares of Anavex Life Sciences Corp ( AVXL ) down about 9.2% on the day.

Also lagging the market Thursday are drugs shares, down on the day by about 3% as a group, led down by India Globalization Capital ( IGC ), trading lower by about 21.6% and Arrowhead Pharmaceuticals ( ARWR ), trading lower by about 17.2%.

Thursday Sector Laggards: Biotechnology, Drugs VIDEO: Thursday 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 Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
Referenced Symbols: AST , AVXL , ARWR



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