Exelixis shares are trading higher after the company reported better-than-expected Q2 and issued FY24 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Exelixis shares are trading higher after the company reported better-than-expected Q2 results and issued FY24 revenue guidance above estimates.
August 07, 2024 | 11:53 am
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POSITIVE IMPACT
Exelixis shares are trading higher following the release of better-than-expected Q2 results and FY24 revenue guidance that exceeded estimates.
The better-than-expected Q2 results and higher FY24 revenue guidance are positive indicators for Exelixis, likely boosting investor confidence and driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100