NEW YORK (GenomeWeb) – The GenomeWeb Index rose nearly 9 percent in July as stocks and indices rebounded from their Brexit-induced June falls on good earnings news and a surprise acquisition. July's performance reversed the half-percent dip the Index saw in June, with all but three companies showing stock gains for the month.

The Index outperformed the Dow Jones Industrial Average and the Nasdaq, which rose nearly 3 percent and 7 percent respectively. However, the GWDN Index underperformed the Nasdaq Biotechnology Index, which gained nearly 13 percent in July.

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