Thursday's ETF Movers: XOP, XBI
ETF Channel Staff - Thursday, October 8, 2:13 PMIn trading on Thursday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Sanchez Energy (SN), up about 10.3% and shares of Stone Energy (SGY), up about 8.5% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), down about 2.8% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Exact Sciences (EXAS), lower by about 22.4%, and shares of Biocryst Pharmaceuticals (BCRX), lower by about 21.5% on the day.