Not pretty, but then, you already know that. Rising off the mid-month low is something to be happy about, I guess.
Here's where we stand year to date:
I've noted previously the correlation between the declines in Gilead Sciences (GILD - Get Report) and the broader biotech sector. April broke that trend, which is an encouraging sign that investors are perhaps starting to differentiate between quality stocks and over-valued garbage.
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The April performance of big-cap biotech stocks:
10/14/15 - 11:47 AM EDT
05/19/15 - 04:42 PM EDT
05/19/15 - 12:48 PM EDT
05/18/15 - 08:06 AM EDT
05/05/15 - 02:43 PM EDT
04/29/16 - 15:55 PM EDT
04/29/16 - 15:33 PM EDT
04/29/16 - 11:02 AM EDT
04/29/16 - 10:51 AM EDT
04/25/16 - 01:00 AM EDT
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