Avoid These 2 Plunging Biotechs
The following video is part of our "Motley Fool Conversations" series, in which health-care editor/analyst David Williamson discusses topics around the investing world.
In this video, David takes a closer look at two biotechs that have seen big sell-offs recently. Savient has struggled with the launch of its gout drug Krystexxa, while Dynavax prepares to launch its hepatitis-B vaccine. Investors love to buy a bargain, but are these two stocks falling knives destined to cut investors? Watch and find out.
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At the time this article was published David Williamsonowns shares of Dendreon. The Motley Fool owns shares of AstraZeneca and Dendreon. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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