Biotech Rebounds on Optimism and Deal MakingLets see if we can benefit from this momentum, on news.
Biotech Rebounds on Optimism and Deal Making
Sector had tumbled in selloff but gets boost from big investors and pharmaceutical companies
Biotech stocks, some of the biggest losers in the selloff, are soaring.
The speculative sector is getting a boost from renewed optimism among investors. Fundamental drivers such as deal making, new drug approvals and buying by big investors provide confidence that the rally could persist.