Monday's ETF Movers: XBI, GXC
ETF Channel Staff - Monday, July 6, 10:58 AMIn trading on Monday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Eagle Pharmaceuticals (EGRX), up about 7% and shares of Intrexon (XON), up about 5% on the day.
And underperforming other ETFs today is the SPDR S&P China ETF (GXC), down about 4.8% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Youku Tudou (YOKU), lower by about 12.8%, and shares of Phoenix New Media (FENG), lower by about 12.6% on the day.