The Biotech ETF (AMEX:BBH) is seeing unusually high volume in afternoon trading Thursday, with over 55,000 shares traded versus three month average volume of about 44,000. Shares of BBH were up about 1.2% on the day.
Components of that ETF with the highest volume on Thursday were Gilead Sciences (NASDAQ:GILD), trading up about 0.3% with over 2.0 million shares changing hands so far this session, and Amgen (NASDAQ:AMGN), up about 2.1% on volume of over 1.9 million shares. Dendreon (NASDAQ:DNDN) is the component faring the best Thursday, up by about 4.5% on the day, while Medivation (NASDAQ:MDVN) is lagging other components of the Biotech ETF, trading lower by about 3.8%.
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