|Day Low/High||38.51 / 41.00|
|52 Wk Low/High||11.30 / 42.74|
- Jerold Chun, M.D., Ph.D. (Sanford Burnham Prebys), and Eric Gershwin, M.D. (UC Davis Health), to Present
In recent trading, shares of Arena Pharmaceuticals Inc have crossed above the average analyst 12-month target price of $36.00, changing hands for $36.21/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
The Newark, Calif.-based firm unveiled positive top-line results from a pair of studies evaluating RT002 for the treatment of glabellar, or frown, lines.
Arena eligible to receive up to $224M, including upfront and milestone payments, in addition to royalties
Data Readout Expected in Q1 2018
Significant improvement in pulmonary vascular resistance (PVR) with ralinepag compared to placebo
Jim Cramer says it's a very rare moment when the absence of negatives, however fleeting or relative, creates a stampede of buying.
Jim Cramer is bullish on Allergan, USG Corp, and Arena Pharmaceuticals.
Former hedge funder and biotech CEO Martin Shkreli finds himself in limbo as a criminal jury now decides if allegations of fraud will put him in orange coveralls.
The company just beat a bench mark, previously set by Johnson & Johnson.
Jim Cramer is bullish on Xilinx, Arena Pharmaceuticals, Magellan Midstream, Altria and Bank of Montreal.
Cramer says it's the sign of a good market: Investors are finding value in the stocks that were left behind.
Big gains could be ahead for investors willing to stick with the stock, according to one firm.
- Primary efficacy analysis successful - significant improvement in pulmonary vascular resistance
Alexion, Arena and Novavax were among the biotech stock movers ahead of the market open on Friday, July 7.
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