- Stating the obvious, biotechs (IBB -1%) are now officially in a correction phase. Valuations have dropped 14% since July 20 on high volume.
- Long investors should keep their powder dry until at least a firm level of support forms.
Biotech sector now officially in correction mode; down 14% since July 20
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About IBB ETF
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
IBB | - | - |
iShares Biotechnology ETF |