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Thursday's ETF Movers: XBI, ITB

In trading on Thursday, the SPDR S&P Biotech ETF ( XBI ) is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Sangamo Biosciences ( SGMO ), up about 26.9% and shares of Orexigen Therapeutics ( OREX ), up about 10.7% on the day.

And underperforming other ETFs today is the iShares U.S. Home Construction ETF ( ITB ), down about 0.8% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Meritage Homes ( MTH ), lower by about 8.9%, and shares of Beazer Homes USA (BZH), lower by about 2.5% on the day.

VIDEO: Thursday's ETF Movers: XBI, ITB

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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