Biotech Stocks Surge on Trump Victory (XBI) (IBB)

November 9, 2016 6:23 AM EST

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Biotech stocks are surging in pre-open trade on Trump Win. Trump is viewed as potentially less onerous than Clinton on drug pricing.

  • XBI (NYSE: XBI) is up 5.6%
  • IBB (NYSE: IBB) is up 6%
  • Gilead Sciences (NASDAQ: GILD) +3.8%
  • Celgene (NASDAQ: CELG) +4%
  • Amgen (NASDAQ: AMGN) +5%
  • Biogen (NASDAQ: BIIB) +4%

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