3 Beaten-Down Biotech Stocks -- Are They Bargains Now?

·4 min read
3 Beaten-Down Biotech Stocks -- Are They Bargains Now?

The benchmark SPDR S&P Biotech ETF (NYSEMKT: XBI) recently started to recover, but it's still down more than 33% from a peak it reached this February. Editas Medicine (NASDAQ: EDIT) shares are down a whopping 54% over the past three months. It's been falling harder than most biotech stocks this year thanks to disappointing clinical trial results for its lead candidate, EDIT-101.

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