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Wednesday Sector Laggards: Drugs, Biotechnology Stocks

This article is more than 9 years old.

In trading on Wednesday, drugs shares were relative laggards, down on the day by about 0.7%.  Helping drag down the group were shares of Lannett (LCI), down about 15.3% and shares of Immunocellular Therapeutics (IMUC) off about 8.3% on the day.

Also lagging the market Wednesday are biotechnology shares, down on the day by about 0.7% as a group, led down by Venaxis (APPY), trading lower by about 7.2% and Neuralstem (CUR), trading lower by about 6.7%.