Investors are again worried about a biotech bubble as biotech stocks take another big hit this week.
Since April 23, the Nasdaq Biotechnology Index has dropped 6.8%. During the same time, the S&P Biotechnology Industry Index is down 8.5%.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Investors are again worried about a biotech bubble as biotech stocks take another big hit this week.
Since April 23, the Nasdaq Biotechnology Index has dropped 6.8%. During the same time, the S&P Biotechnology Industry Index is down 8.5%.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Investors are again worried about a biotech bubble as biotech stocks take another big hit this week.
Since April 23, the Nasdaq Biotechnology Index has dropped 6.8%. During the same time, the S&P Biotechnology Industry Index is down 8.5%.
But this is not a biotech bubble we're seeing...