Jun. 11 at 4:57 PM
$BCTX Market is punishing all biotechs that are in developmental stage. BCTX, CHRS, RCKT, etc are all getting dumped because of higher interest rates. Even SMMT took a hit although they are raising funds but if interest rates rise these types of stocks tend to crash until they produce a product for approval. Hopefully BCTX will be ready in the next 6-12 months.