M&A Activity, Passing Drug Trials Help Biotech ETFs Rebound
September 12, 2016 at 14:47 PM EDT
A large acquisition and favorable results from a drug trial helped biotechnology and pharmaceutical sector-related exchange traded funds rally on Monday. Among the best performing ETFs of Monday, the PowerShares Dynamic Biotech & Genome (NYSEArca:PBE) jumped 3.0%, ALPS Medical Breakthroughs ETF...
