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Biotech Stocks News Update: Exelixis, Inc. (EXEL), Amicus Therapeutics, Inc. (FOLD), Pacific Biosciences of California (PACB)

Wall Street stocks finished a holiday-abbreviated session mostly lower Thursday as a three-day rally waned in light trading volume. The Dow Jones Industrial Average dropped 50.44 points (0.29 percent) to 17,552.17. The broad-based S&P 500 shed 3.30 (0.16 percent) to 2,060.99, while the tech-rich Nasdaq Composite Index edged up 2.56…

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Three Biotech Stocks in Concentration: PharmAthene, Inc. (PIP), Ariad Pharmaceuticals, Inc. (ARIA), Cytori Therapeutics Inc (CYTX)

Stocks closed slightly lower in extremely light trading Thursday as investors remained on the sidelines ahead of Christmas. The price of crude oil continued to recover. The Dow Jones industrial average fell 50.44 points, or 0.29 percent, to 17,552.17. The Standard & Poor’s 500 index fell 3.30 points, or 0.2…