Biotech stocks just took another step higher, clearing its latest hurdle. The Nasdaq IBB ETF today broke above the $320 level, moving higher by about 1.5 percent. The next resistance level takes the ETF to around the $340 level from here.
The breakout seems significant and its is spilling over the names within the group. You can see in the table below there are only 3 stocks that are lower on the day.
(Data compiled using Ycharts)
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