Jul. 3 at 2:36 PM
The
$XBI is up 24.5% the last 15 trading sessions (since 6/10/2026). Investors may recall 4 years ago this time when the XBI surged 31.6% between 6/14/22 & 7/6/22. Excluding the market recovery during COVID in 2020, there's only 2 other times the XBI surged like this (15 day period ending 1/16/19 & before Thanksgiving back in 16).
The XBI is almost at its record high. It traded at over
$160 for 11 days back in early 2021
Recall it was May 12, 2026 when Dr. Makary resigned. Since then the FDA has reversed course on a number of bio's potential.
Attached are the biggest gainers over the last 15 days (60% of more).
$RGNX has overwhelmingly been the biggest winner now that they will refile for Navsunli approval in Q326.
$SLS doubled again. Short interest is 36% per Seeking Alpha. At a
$3B market cap SLS trades @ 4.3X Year 4 (FY30) revenue (from 1 analyst). We though we were smart when we sold SLS in the mid
$4 range back in January.
$DFTX reported its P3 win 6/22/26
$MRNA we have friends there :)
