Biotech Rally Moving Toward April Highs: ASCO And M&A Provides Underlying Support
June 01, 2016 at 01:03 AM EDT
Biotech stocks are pretty solid over two weeks probably anticipating ASCO news and helped by more M&A news. Since hitting a recent low of $258.90 on May 19 the IBB is up over 8% and 6% over five days to $279.77 yesterday.
