News Headline Summary

Elelixis (EXEL) announced that Michael Morrissey, the co. CEO, will present at the JP Morgan annual health conference at 1700EST/2200GMT; during the presentation the CEO will review the company's development plans

Reaction details:

- EXEL shares initially popped lower by 6.3% but have since pared the majority of the move, climbing back higher by 5.25%; trades USD 4.81 last.

Print 15:02, 14 Dec 2012 - US Equities - Source: Hammerstone