The Traderszone Network

Published in TZ Latest News 31 July, 2016 by The TZ Newswire Staff

Biotech ETF Screams Higher on Increased M&A and Positive Earnings

ishares_logoIt was another solid week of gains for the iShares Nasdaq Biotechnology ETF (NASDAQ:IBB) as investors took their cue from bullish earnings reports out of Biogen (NASDAQ:BIIB) and Amgen (NASDAQ:AMGN), along with continued takeover rumors floating all around the biotech space.

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