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May 11, 2020, 12:02 p.m. EDT

Monday's ETF Movers: XBI, KRE

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May 11, 2020 (MarketNewsVideo.com via COMTEX) --

In trading on Monday, the SPDR— S&P— Biotech ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Cytokinetics, up about 23.8% and shares of Allakos, up about 14.6% on the day.

And underperforming other ETFs today is the SPDR— S&P— Regional Banking ETF, down about 4.5% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Ameris Bancorp, lower by about 8.4%, and shares of Peapack-gladstone Financial, lower by about 8.3% on the day.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20200520200511etfotherCYTK&mv=1 .







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