To say that biotech stocks have performed well as a group over the last two years is an understatement; they have absolutely crushed the broader markets. For example, the iShares Nasdaq Biotech Index has more than tripled the performance of the S&P 500 , and more than doubled the NASDAQ Composite , since 2012.This sustained move upward, though, has repeatedly […]
REUTERS/Bernadett SzaboGeorge SorosOne day every quarter, the world’s big fund managers reveal some of what they’re buying and selling in their 13-F regulatory filings.
Generally speaking, these revelations aren’t taken too seriously as they are 45-day-old snapshots. But over the weekend, one gigantic $1.3 billion position raised some eyebrows.Soros Fund Management disclosed that it held put options on 7,090,000 shares of […]