In trading on Thursday, defense shares were relative laggards, down on the day by about 1.8%. Helping drag down the group were shares of Arotech (NASDAQ:ARTX), down about 19.5% and shares of Northrop Grumman (NYSE:NOC) off about 1.1% on the day.
Also lagging the market Thursday are biotechnology shares, down on the day by about 0.8% as a group, led down by Trovagene (NASDAQ:TROV), trading lower by about 28.6% and Inovio Pharmaceuticals (NASDAQ:INO), trading lower by about 10.7%.
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