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Biotech / Medical : Xencor (XNCR)

XNCR 14.37

+5.0%

3:59 PM EST

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To: scaram(o)uche who wrote (60)	12/17/2014 7:58:44 PM
From: fitzdad55	Read Replies (2) of 136

Did so as well (at about the same time!) when the share price was about $15.25. Interesting to see it spike a bit higher a little later in the afternoon. Also interesting that this 30% increase occurred with no news seemingly available to the public. Assumed that it was a combination of factors: (1) strong day for the markets in wake of Fed mtg and update; (2) the recent MLV & Co.analyst upgrade to $18 and buy rating; (3) anticipation of very positive read out of P1a data for XmAb 5871 for RA (even though Xencor is not pursuing 5871 for RA). Impressive run up before data release!

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