What's Hurting Biotechnology Stocks?

Published: May 13, 2014

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After a bright start to the year, biotechnology stocks have found themselves on the wrong end of a hiding. The SPDR S&P Biotech Index ETF (XBI) currently trades near where it began the year, after gaining 30% at its high in February. The speculative furor has eased, but what have been some of the contributing factors to the losses from March?

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