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April 18, 2022, 12:09 p.m. EDT

Monday Sector Laggards: Drugs, Biotechnology Stocks

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Apr 18, 2022 (MarketNewsVideo.com via COMTEX) --

In trading on Monday, drugs shares were relative laggards, down on the day by about 3.7%. Helping drag down the group were shares of Nektar Therapeutics, off about 34.7% and shares of TG Therapeutics off about 20% on the day.

Also lagging the market Monday are biotechnology shares, down on the day by about 2.9% as a group, led down by Cardiff Oncology, trading lower by about 10.8% and Immunome, trading lower by about 10.1%.

The preceding is a transcript of the MarketNewsVideo.com video published at: https://www.marketnewsvideo.com/?id=20220420220418leaderslagNK&mv=1 .


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