Market pullback on Wednesday brought weakness across multiple sectors, with biotechnology stocks declining roughly 2.7% as a group. Key performers included REGENXBIO, which dropped approximately 17%, while Forte Biosciences slid about 12.9%. Meanwhile, defense stocks also faced headwinds, falling around 2.3% on the day, with losses led by Sidus Space, down 8.4%, and aerospace & defense leader Textron, retreating 8.1%. The combined weakness in biotech and defense stocks reflects broader market softness during the session.
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Market pullback on Wednesday brought weakness across multiple sectors, with biotechnology stocks declining roughly 2.7% as a group. Key performers included REGENXBIO, which dropped approximately 17%, while Forte Biosciences slid about 12.9%. Meanwhile, defense stocks also faced headwinds, falling around 2.3% on the day, with losses led by Sidus Space, down 8.4%, and aerospace & defense leader Textron, retreating 8.1%. The combined weakness in biotech and defense stocks reflects broader market softness during the session.