2 Biotech Surprise Sell-Offs
Jul 28th 2012 8:30AM
Updated Jul 28th 2012 8:36AM
Two biotechs recieve FDA approval, and instead of a pop, they both get stuck with double-digit drops. What should investors make of this unusual price action, and what do these companies have in front of them? Watch and find out.
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The article 2 Biotech Surprise Sell-Offs originally appeared on Fool.com.David Williamson owns shares of Amarin, but he holds no other position in any company mentioned. The Motley Fool owns shares of GlaxoSmithKline. Motley Fool newsletter services recommend Covidien and GlaxoSmithKline. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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