NEW YORK (Reuters) - A 4 percent decline in biotechnology stocks on Wednesday sent the Nasdaq Composite Index to its largest one-day loss in nearly a year, and some investors are betting that the once-hot sector has further to fall.
Reuters: Business News, Reuters: Business
Thu, 03/26/2015 - 10:09pm
NEW YORK (Reuters) - A 4 percent decline in biotechnology stocks on Wednesday sent the Nasdaq Composite Index to its largest one-day loss in nearly a year, and some investors are betting that the once-hot sector has further to fall.