Financial News
Biotech ETFs Jump: Keep an Eye on XBI, IBB & SBIO
June 18, 2019 at 10:31 AM EDT
Biotech ETFs are movin’ on up on news that Pfizer is buying Array BioPharma for over $10 billion. SPDR S&P Biotech (XBI), iShares Nasdaq Biotechnology ETF (IBB), and ALPS Medical Breakthroughs ETF (SBIO) rose with the announcement of the acquisition. ETFs like XBI and IBB have fundamental...
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