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The Week Ahead In Biotech: Earnings Kickstart With J&J And Biogen, Albireo Awaits FDA Decisions, More IPOs

Biotech stocks were down for a second week in a row, as they retreated along with the broader market amid macro concerns. Consumer price inflation data released during the week stoked rate hike fears, and exerted negative pressure on stocks. There were very few stock-specific catalysts, barring a few preannouncements, stock offerings, and a slew of initial public offerings.

ABT

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EXCLUSIVE: Breeze Airways CEO, JetBlue Founder David Neeleman On Why He’s Launching ‘A Little Nicer’ Airline

The overcast skies looming over Louis Armstrong New Orleans International Airport did nothing to quash the spirit of city officials — including Mayor LaToya Cantrell — and airport functionaries watching, clapping or dancing along with the Treme Brass Band, two Zulu Tramps and an oversized Louis Armstrong bobble head-like figure as they all gathered by a gate Thursday.

AZUL