In trading on Thursday, the SPDR S&P Biotech ETF ( XBI ) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Editas Medicine ( EDIT ), up about 18.2% and shares of Spectrum Pharmaceuticals ( SPPI ), up about 17.5% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ), off about 1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Whiting Petroleum ( WLL ), lower by about 5.4%, and shares of California Resources (CRC), lower by about 4.3% on the day.
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