Friday Sector Laggards: General Contractors & Builders, Biotechnology Stocks

By MarketNewsVideo

In trading on Friday, general contractors & builders shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of Lennar (LEN.B), down about 4.4% and shares of Pultegroup (PHM) off about 3.9% on the day.

Also lagging the market Friday are biotechnology shares, down on the day by about 1.1% as a group, led down by Savient Pharmaceuticals (SVNT), trading lower by about 12.6% and Zalicus (ZLCS), trading lower by about 11%.
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