5 Biotech Stocks That Are Bucking the Selloff

Jan 19, 2022

5 Biotech Stocks That Are Bucking the Selloff

Biotech equities started 2022 considerably worse than the market as a whole. The SPDR S&P Biotech exchange-traded fund, a key benchmark for the industry, is down 12.8 percent this year, compared to a 2.1 percent decline in the S&P 500 index.

This follows a year in which biotech equities significantly underperformed the market, with the SPDR S&P Biotech ETF (XBI) down 26.9 percent in 2021, compared to the S&P 500's 27 percent gain.

If investors had expected a large biotech purchase to match with J.P. Morgan's healthcare conference last week, they were disappointed. Though there was lots of news this week, no significant biotech M&A occurred.

Despite the fact that the major biotech indices have continued to fall in recent weeks, certain biotech stocks continue to attract investors' interest. To find biotechs that remain hot despite the bear market for biotech equities, we searched two biotech exchange-traded funds (ETFs) for recent winners.

Our screen searched for companies in the XBI and another biotechnology exchange-traded fund, the iShares Biotechnology ETF (IBB), that was up more than 15% between December 17 and the market close on January 14. We confined our search to companies with a market capitalization greater than $1 billion.

BioCryst Pharmaceuticals (BCRX), up 18.8 percent during the period, Protagonist Therapeutics (PTGX), rise 18.5 percent, Prometheus Biosciences (RXDX), up 18.4 percent, Rani Therapeutics Holdings (RANI), up 16.3 percent, and Emergent BioSolutions (EBS), up 15.9 percent are the resulting biotechs that investors continue to like, despite the broader selloff.

Between December 17 and January 14, the XBI fell 13.1 percent, while the IBB fell 10%.

5 Biotech Stocks Investors Still Like

Biotech stocks in the IBB or the XBI up more than 15% over the past month.

https://liquidity-provider.com/app/uploads/2022/01/unnamed-32.png

With the exception of Emergent, which is better known as a contract manufacturer, all of the stocks are very modest biotechs. Emergent announced the retirement of the company founder and executive chairman, Fuad El-Hibri, on Friday after the market closed. The stock plummeted on Tuesday, after the celebration of Martin Luther King Jr. Day and the expiration of the stock screen period.

Other stocks have brought great news in recent weeks so far. BioCryst, which offers Orladeyo, a rare illness therapeutic, and Rapivab, a flu medicine, surprised investors last week when it preannounced Orladeyo selling for the fourth quarter of 2021 and provided estimates for 2022 sales that were far higher than Wall Street expectations.

"We are astounded by the 2022 forecast of at least $250 million, which is much higher than the $221 million consensus," Evercore ISI analyst Liisa Bayko said in a January 10 note.

Protagonist, which is exploring medicines for a kind of blood cancer and ulcerative colitis, hasn't made any significant announcements in recent weeks, though it did provide updated data on its polycythemia vera program on December 12

"With each incremental cut of data, we gain greater confidence in rusfertide's potential to meet the primary objective of the impending Phase 3 trial," SVB Leerink analyst Joseph P. Schwartz said in a December 12 note referring to the company's experimental polycythemia vera medication.

Prometheus said on January 3 that it had received a milestone payment from partner Dr. Falk Pharma, a German pharmaceutical company, as part of cooperation on an inflammatory bowel disease treatment program. SVB Leerink's Thomas Smith noted in a letter following the revelation that Prometheus is one of his top selections for 2022.

Finally, Rani, which is developing technology to enable the oral delivery of biological medications rather than injections, has had no major news events in recent months. Over the summer, the stock became public.

Subscribe Our Newsletter

After Earnings, Apple Stock Typically Rises. That Might Change This Time

Milena

After Earnings, Apple Stock Typically Rises. That Might Change This Time

Since 2007, Apple stock has typically climbed 1.1% during regular trading hours after the firm releases its earnings. But this time, it can be a totally different story.

Stocks
Gold ETF or Bitcoin ETF

Nato

Gold or Bitcoin? Investors Flock to Bitcoin ETFs as Gold ETFs Bleed Billions

Gold ETFs experience massive outflows totalling $2.4 billion in 2024, contrasting sharply with inflows in Bitcoin ETFs. Which one to choose: gold or Bitcoin?

Crypto
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Constantine

All You Need to Know About BTC Accelerator
BTC accelerators are essential in expediting Bitcoin transactions that may experience delays in the mempool. Discover how to use them properly.

discover
White Label Forex Software — Ultimate Guide on How to Choose The Best Industry Solution

Constantine

White Label Forex Software — Ultimate Guide on How to Choose The Best Industry Solution

Today's fast-changing field of finance and electronic trading drives programmers and developers to ideas that create a whole new way to make money and increase the wealth of private traders and institutional investors. In an effort to simplify and facilitate trading in Forex, crypto, and other markets, modern companies offer an incredibly wide range of different solutions, including White Label. These solutions help new business owners save money, gain valuable experience in the FX industry, and take their place among other players.

Forex Business
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap

    Vitaliy

    Triangle Patterns in Trading: Mastering Ascending, Descending & Symmetrical Strategies for Maximum Profit

    Triangle Patterns in Trading: Ascending, Descending & Symmetrical Guide

    Alexander

    What Is COTI? Payments, Token & Price Prediction

    What is a COTI coin

    Constantine

    Best Copy Trading Software in 2025

    Best Copy Trading Software in 2025

    Alex

    What Is an AI Agent? The Future of Finance Explained

    AI Agent Explained

    Constantine

    How to Start a Liquidity Provider Business?

    How to Start a Liquidity Provider Business

    Constantine

    How to Start a White Label Brokerage?

    How to start a white label brokerage

    Constantine

    How to Start a Multi-Asset Brokerage?

    How to Start a Multi-Asset Brokerage
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.