How long will biotech continue to soar?
Though last year was strong, there are some questions about 2014 in the biotech sector.
March 31, 2014 at 05:15 AM
4 minute read
The original version of this story was published on Law.com
There are continuing concerns being heard that the biotech bubble could be coming to an end, but last year's results appeared strong.
As far as a possible bubble, on March 21 there was a drop in the SPDR S&P Biotech ETF. On four straight trading days, the SPDR S&P Biotech ETF was down 9.3 percent, according to the Motley Fool.
“We've been given plenty of warning signs for months that a sizable correction could be in the offing in the biotech sector, but investors have largely ignored those warnings,” the Motley Fool added. “Now it appears a biotech correction could be rearing its head.”
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