Biotech Bubble Buckles: Tumbles Almost 7% To 3-Week Lows
April 27, 2015 at 15:51 PM EDT
Biotech stocks have been surging since their mid-March plunge, but it appears that is at an end as XBI - the SPDR Biotech ETF - is now down almost 7% from Friday's highs on heavy volume (and back below the 50DMA once again).
