Biotech stocks (SPSIBI) are attracting buyers again today, up 0.8% as a sector and lending good support to the NASDAQ's half percent gain. The biotech group has shown strength in the past six trading days, likely as investors seek aggressive growth opportunities.
Among the biotech stocks seeing the biggest gains today are ACADIA Pharmaceuticals ( ACAD ) and Avanir Pharmaceuticals ( AVNR ) both up near 4%. It was noted today that ACAD and ANVR will make presentations at two healthcare conferences in the next two weeks.
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