3 Biotech Stocks Poised for a Comeback After Last Week's Market Meltdown
MRNAModerna(MRNA) Investor Place·2024-08-13 19:30

Due to their sometimes speculative nature, biotech stocks are especially sensitive to broader market corrections like the one experienced last week. This can be exceptionally stressful for investors, especially those who bought into biotech stocks at overbought points in the stocks' trading cycle. However, where sell0offs occur, so too do steep discounts for better value buys. Moreover, while last Monday's sell-off hinted at a potentially volatile market moving forward, American markets recovered quickly, w ...