Biotech ETF Rally Clinging to Life Support
August 12, 2015 at 09:30 AM EDT
The iShares Nasdaq Biotechnology ETF (NasdaqGM: IBB) lost another 1.1% yesterday. On its own, that does not sound like much, but the largest biotech exchange traded fund has lost ground in four of the past five sessions, a span in which IBB is off almost 4.7%. Some major biotech ETFs have been...