Thursday's ETF Movers: XBI, OIH
ETF Channel Staff - Thursday, April 27, 1:27 PMIn trading on Thursday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Exact Sciences (EXAS), up about 25.9% and shares of Alexion Pharmaceuticals (ALXN), up about 5.8% on the day.
And underperforming other ETFs today is the Oil Services ETF (OIH), down about 3.7% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Carbo Ceramics (CRR), lower by about 24.7%, and shares of Patterson-UTI Energy (PTEN), lower by about 9.9% on the day.