Biotech Stocks: Seeing Rainbows, Missing The Rain
- Thursday, March 27, 2014, 6:32
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The Nasdaq iShares Biotechnology Index, by YCharts
This week’s 10% drop in the Nasdaq iShares’ Biotechnology Index — not to mention the fact that biotech stocks, after a torrid two years, are up less than 4% year-to-date — has investors worrying that the sector’s two-year boom is over.
http://www.forbes.com/sites/matthewherper/2014/03/27/three-misplaced-assumptions-that-could-end-the-biotech-boom/
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