IVD Stocks Fall 9%; Third Wave Rises on Takeover News August 2008
The 18 stocks in the G-2 Diagnostic Stock Index fell an average of 9 percent in the five weeks ended July 3, with 14 stocks down in price, two up, and two unchanged. The G-2 index is down 18 percent so far this year, while the Nasdaq is down 14 percent and the S&P 500 has fallen 13 percent.