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Benzinga
Benzinga
Business
Joel Elconin

PreMarket Prep: Looking For Biotech Bargains With This Wedbush Analyst

Wedbush Robert Driscoll biotechnology Nasdaq

Biotechnology is one sector that peaked ahead of the S&P 500 index.

While the S&P 500 index did not peak until January, the SPDR Biotech (NYSE:XBI) peaked in February 2021 and is now 60% lower than its all-time high price ($174.79 vs. $66.50).

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