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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
Home / Markets / Industries / Health Care
Wednesday, September 24, 2008
Sequenom Soars In Pre-market Trading
Val Brickates Kennedy
MarketWatch Pulse
BOSTON -- Shares of Sequenom Inc. soared almost 20% in pre-market trading early Wednesday, buoyed by positive news about its new prenatal test for Down syndrome. Late Tuesday, Sequenom said that studies showed the test, which is less invasive than current tests on the market, was highly effective in screening for the genetic disorder. Sequenom added it hopes to launch the product during the first half of 2009. Shares of Sequenom were up 19% at $3.95.
Copyright © 2008 MarketWatch, Inc.
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