Exelixis (EXEL) Gains 14.9% in a Week on Strong Q2 Results

Exelixis' (EXEL) shares have risen 14.9% in a week after the company reported better-than-expected secondquarter results on Aug 6. The industry grew 0.7% during the said timeframe. It was a good quarter for Exelixis not just in terms of earnings and sales beat as the company made encouraging pipeline progress too which impressed investors. Image Source: Zacks Investment Research Earnings per share of 84 cents comfortably surpassed the Zacks Consensus Estimate of 37 cents, on the back of higher revenues and ...