Halfway into the year, biotech is booming ^80.8%

STAT - By Adam Feuerstein - 7/2/2026, 10:30 AM

Biased Writer Voice 41.8% - Framing Effect 38.8% - Bandwagon 38.8%

We’ve reached the midpoint of the year and, wow, biotech has gone nuts. The sector’s performance in June was especially bonkers. The XBI, biotech’s most-watched stock index, gained 19% over the past month and is up 30% for the year. At 158, the XBI is trading at a five-year high and approaching its peak of $175 set in February 2021. more