Early IPO Activity Could Spell Bullishness for Biotech Industry

Since the end of October 2023, the S&P 500 Biotechnology Select Industry Index jumped over 30%. It could maintain its upward trajectory given the early IPO activity in 2024 thus far. If that trend persists, traders may want to keep an eye on biotech ETFs. Despite the overall market trending higher in 2023, biotech wasn’t [...] The post Early IPO Activity Could Spell Bullishness for Biotech Industry appeared first on ETF Trends .