Tuesday's ETF Movers: XBI, KRE
In trading on Tuesday, the SPDR S&P Biotech ETF ( XBI ) is outperforming other ETFs, up about 4.3% on the day. Components of that ETF showing particular strength include shares of Achillion Pharmaceuticals ( ACHN ), up about 13.1% and shares of Esperion Therapeutics ( ESPR ), up about 10.8% on the day.
And underperforming other ETFs today is the SPDR S&P Regional Banking ETF ( KRE ), off about 0.5% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Customers Bancorp ( CUBI ), lower by about 3.4%, and shares of First Horizon National (FHN), lower by about 3.3% on the day.