Biotech stocks have been getting destroyed, but one analyst says the sell off is 'misguided' (IBB, ALXN, BIIB, VRTX …

Akin Oyedele

Mar. 26, 2015, 8:22 AM
Wikimedia CommonsSome investors have been worried about a bubble in biotech stocks, and Wednesday’s sell off seemed to prove those fears.Biotech stocks fell more than 3%, their biggest one-day drop this year.But the industry is still one of the best-performing in the market: it’s up 35% over the past 12 months and 9.3% year-to-date, compared to year-to-date gains […]

Why Array BioPharma Shares Spiked

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.What: Shares of Array BioPharma (NASDAQ: ARRY ) , a biopharmaceutical company focused on the development of small molecule drugs for the treatment of cancer and inflammatory diseases, […]

Zacks' Bear Of The Day: E-Trade – E*TRADE Financial Corporation …

The gravy train is going to stop eventually. It has been one heck of a ride so far. I’m not saying it ends today, but it’s going to end one day. This market has nearly tripled off the bottom in March 2009, screaming higher every day. It seems like the term “all-time high” gets said every single day.Many companies have […]