Tuesday's ETF Movers: XBI, VOX
ETF Channel Staff - Tuesday, January 23, 1:40 PMIn trading on Tuesday, 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 Inovio Pharmaceuticals (INO), up about 15.5% and shares of Ultragenyx Pharmaceutical (RARE), up about 9.6% on the day.
And underperforming other ETFs today is the Vanguard Telecommunication Services ETF (VOX), off about 1.3% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Globalstar (GSAT), lower by about 4.1%, and shares of Frontier Communications (FTR), lower by about 3.9% on the day.