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Post by xandra on Oct 18, 2015 7:23:44 GMT -5
Hi, Like for example.......a biotech stocks trading at $35/share expecting a big FDA decision in 5 months.............but before that decision happens, there's no big news coming out.... So it's 5 months of inactivity basically........... Let's say, during the 5 months, the s and p 500 goes up 10 percent....... Does that mean the biotech stock will go up a lot too? Or does it function completely independent from the broad market and just remain at $35/share regardless of what the s & p 500 is doing? Thanks
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