Hillary Clinton got the ball rolling on Monday when she tweeted about drug prices.  On that day, the Biotech sector fell 4.4%, and it has yet to see green since then.  Unless we see a sharp turnaround this afternoon, the sector will finish the week down every single day.   Below is a look at the recent performance of the 25 largest stocks in the Nasdaq Biotech Index.  For each stock, we show its distance from its 50-day moving average, its change this week, and its year-to-date change.  While some names are still up year-to-date, there’s a whole lot of red everywhere else.  If you’re not yet a Bespoke Premium member, visit our Subscribe page to see how you can sign up today.

biotech0925

Print Friendly, PDF & Email