Just wanted to make you all aware that there are over 3 dozen stocks being removed from Nasdaq Biotech Index as of Monday. Some of the more notable are $OREX, $CARA, $CASC, $OREX, $OCUL, and $EGLT. New ones are also being added, but I must confess my knowledge of those tickers is miniscule. Not sure the impact this will have on the stocks affected or on related stocks. Just advising is all. IBB is the iShares Nasdaq Biotechnology ETF.
This was more or less copied from a Seeking Alpha post I read.
Thanks.
Posted Dec 13, 16 11:57 AMbyXRenegadeX
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