In trading on Friday, the SPDR S&P Regional Banking ETF ( KRE ) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of First Horizon National ( FHN ), up about 3.6% and shares of Umpqua Holdings ( UMPQ ), up about 3.3% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF ( XBI ), off about 1.2% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Medivation ( MDVN ), lower by about 13.3%, and shares of Halozyme Therapeutics (HALO), lower by about 7.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.