In trading on Tuesday, drugs shares were relative leaders, up on the day by about 3%. Leading the group were shares of Myovant Sciences (MYOV), up about 88.6% and shares of Athenex (ATNX) up about 35.5% on the day.
Also showing relative strength are biotechnology shares, up on the day by about 2.5% as a group, led by Cabaletta Bio (NASDAQ:CABA), trading up by about 29% and BioCryst Pharmaceuticals (NASDAQ:BCRX), trading up by about 18.2% on Tuesday.
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