STAT+: On Wall Street, there’s trouble stirring for biotech
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Biotech investors were happy with the way the year was turning out. Then summer ended, and now, they are glum.
The XBI is still up 24%, although it’s down 11% from the August high. The retreat doesn’t look that alarming relative to the depths of the biotech winter experienc
Biotech investors were happy with the way the year was turning out. Then summer ended, and now, they are glum.
The XBI is still up 24%, although it’s down 11% from the August high. The retreat doesn’t look that alarming relative to the depths of the biotech winter experienc
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