Biotech stocks near 2016 lows

Biotech indices neared their lowest levels of the year after several disappointing data readouts on Thursday. The BioCentury 100 Index slipped 164.85 (3.5%) to close at 4,520.64, approaching its 2016 bottom on Feb. 11, when it closed at 4,374.01. Gainers outnumbered decliners 86 to 11. ...