Biotech ETFs Unwind Political Risk After Trump Victory
November 11, 2016 at 15:16 PM EST
Biotechnology exchange traded funds have rallied on the Donald Trump win and may continue to strengthen as traders retracted months of bearish sentiment fueled by Hillary Clinton’s hostility toward the sector. The iShares Nasdaq Biotechnology ETF (NasdaqGM: IBB), the largest biotech ETF by...