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Friday Sector Laggards: Drugs, Biotechnology Stocks
Friday, April 21, 1:34 PM ET

In trading on Friday, drugs shares were relative laggards, down on the day by about 1.5%. Helping drag down the group were shares of Xbiotech (NASDAQ:XBIT), down about 39.7% and shares of Adamis Pharmaceuticals (NASDAQ:ADMP) down about 15.9% on the day.

Also lagging the market Friday are biotechnology shares, down on the day by about 1.2% as a group, led down by Aevi Genomic Medicine (NASDAQ:GNMX), trading lower by about 14% and Immunomedics (NASDAQ:IMMU), trading lower by about 12.8%.

For MarketNewsVideo.com, I'm Sayoko Murase.

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