Friday's ETF with Unusual Volume: IBB
ETF Channel - 3 hours, 9 minutes ago
The iShares Nasdaq Biotechnology ETF (IBB) is seeing unusually high volume in afternoon trading Friday, with over 3.1 million shares traded versus three month average volume of about 1.2 million. Shares of IBB were down about 1.4% on the day.
Components of that ETF with the highest volume on Friday were Gilead Sciences (GILD), trading down about 1.4% with over 14.7 million shares changing hands so far this session, and Ariad Pharmaceuticals (ARIA), down about 2.4% on volume of over 9.7 million shares. Agios Pharmaceuticals (AGIO) is the component faring the best Friday, higher by about 12.5% on the day, while Newlink Genetics (NLNK) is lagging other components of the iShares Nasdaq Biotechnology ETF, trading lower by about 12.4%.