Exelixis Elects Julie Anne Smith to Its Board of Directors
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UPDATE: Exelixis (EXEL) Falls to Session Low on Cabozantinib and Opdivo Data
September 28, 2016 11:46 AM EDT(Updated - September 28, 2016 11:57 AM, 12.56 PM EDT)
Exelixis (NASDAQ: EXEL) shares dropped Wednesday, falling 20%. The decline was tied to concerns about cabozantinib and Opdivo data and a numerically lower objected response rate vs other drugs combinations in testing.
According to Bloomberg, Stifel analyst Stephen Willey said data precludes comparisons.
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