ARTICLE | Finance
Eleventh Hour Push
Biotech stocks shake off sluggish start to finish 1Q with a flourish
April 4, 2011 7:00 AM UTC
A last minute surge led by large cap stocks enabled biotech indices to post a strong performance for the first quarter. Prior to that, biotech had been relatively flat or down for most of the quarter.
During the final days of March, the NASDAQ Biotechnology Index shifted from a 3% gain - below the gains for the broader market indices - to a 7% gain that beat the broader market...