April 19, 2012 at 10:55 AM EDT
Biotech ETFs Soar on Human Genome Bid, Gilead Drug Results
Biotech ETFs were the strongest market sector by far in early trading Thursday as portfolio holdings Human Genome Sciences (NasdaqGS: HGSI) and Gilead Sciences (NasdaqGS: GILD) soared on a takeover bid and encouraging drug results. Human Genome shares rallied more than 100% following an unsolicited...
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