Thursday's ETF Movers: XBI, GDX
ETF Channel Staff - Thursday, February 9, 10:41 AMIn trading on Thursday, the XBI: SPDR S&P Biotech ETF, US Equities (XBI) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Acorda Therapeutics (ACOR), up about 12.7% and shares of Alnylam Pharmaceuticals (ALNY), up about 9.8% on the day.
And underperforming other ETFs today is the Gold Miners ETF (GDX), down about 1.9% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Coeur Mining (CDE), lower by about 18.6%, and shares of Silver Wheaton (SLW), lower by about 3.9% on the day.