The XBI rose 118.13% (+91.59 pts) over three years in a broad advance: 113 of 147 stocks rose, with MRNA out front at +3.44 points.
Read the latest market-close note: Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide
SAREPTA THERAPEUTICS INC and CABALETTA BIO INC moved almost identically (−83.09% vs −74.61%), yet SRPT moved the XBI 64.2× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.
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