$IVST Morningstar analysts note that the biotech i
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Posted On: 03/15/2018 12:22:40 PM
$IVST Morningstar analysts note that the biotech industry has seen three major cycles thus far: first cycle came in late 1990s, second in mid-2000s, and latest cycle took place between 2012 and 2016.
The analysts note that a perfect storm of bearish activity began to overtake biotech in early 2015, which has led to a period of underperformance. Exacerbated valuations, ending drug cycles, and a tumultuous U.S. presidential election helped push biotech stocks down the past couple of years.
https://finance.yahoo.com/news/innovest-globa...00841.html
The analysts note that a perfect storm of bearish activity began to overtake biotech in early 2015, which has led to a period of underperformance. Exacerbated valuations, ending drug cycles, and a tumultuous U.S. presidential election helped push biotech stocks down the past couple of years.
https://finance.yahoo.com/news/innovest-globa...00841.html
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