Monday's ETF Movers: OIH, IBB
ETF Channel Staff - Monday, November 30, 1:08 PMIn trading on Monday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Carbo Ceramics (CRR), up about 8.1% and shares of Tidewater (TDW), up about 4.8% on the day.
And underperforming other ETFs today is the iShares Nasdaq Biotechnology ETF (IBB), down about 2.1% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Xenoport (XNPT), lower by about 11.4%, and shares of Relypsa (RLYP), lower by about 10.4% on the day.