Biotech ETFs in Bear Market, Plunge Below Key Trendlines
April 15, 2014 at 14:36 PM EDT
Biotechnology sector exchange traded funds are caught in one of their worst sell-offs, breaking below their long-term trendlines and hovering in bear market territory, as investors dump growth stocks. The largest biotechnology-related ETF, the iShares Nasdaq Biotechnology ETF (NasdaqGM: IBB), is...