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Wednesday Sector Laggards: Drugs, Biotechnology Stocks


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In trading on Wednesday, drugs shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of Athenex, off about 12.6% and shares of Phasebio Pharmaceuticals down about 12% on the day.

Also lagging the market Wednesday are biotechnology shares, down on the day by about 2.1% as a group, led down by Sangamo Therapeutics, trading lower by about 16% and Jounce Therapeutics, trading lower by about 12.5%.

Wednesday Sector Laggards: Drugs, Biotechnology Stocks VIDEO: Wednesday Sector Laggards: Drugs, Biotechnology Stocks

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: ATNX , PHAS , SGMO , JNCE



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