🔴 XBI is trading 3.67% down today as S&P 500 and Nasdaq fall

XBI is trading at $153.75, down 3.67%, alongside declines across the broader market.

• The S&P 500 is down 1.49%, while the Nasdaq is down 2.94%.
• No clear XBI-specific catalyst surfaced in the available search, and Nasdaq’s XBI news page showed no updates.
• The previous session’s biotech rally followed reduced regulatory concerns after the election, but that earlier optimism does not explain today’s decline. No trading-volume figure is available in the provided price context.