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Biotech bomb hits small cap index

2015-09-27 21:36:47| Biotech - Topix.net

The $8B iShares Nasdaq Biotechnology ETF fell 4.9% on Friday and 13% for the week - its worst weekly performance since the height of the financial panic seven years ago. Many biotech ETFs eat the same cooking - Gilead , Amgen , Biogen , and Regeneron among the popular names - and FBT , XBI , and BBP fell in amounts similar to IBB.

Tags: index small hits cap

Category:Biotechnology and Pharmaceuticals

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