Arena Pharmaceuticals Inc. (ARNA) Climbs to Annual-High Share Price
Mar 10, 2022
Arena Pharmaceuticals Inc. (NASDAQ:ARNA) traded today at a new 12-month high of $100.00. Approximately 748,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.
Potential upside of 0.2% exists for Arena Pharmaceuticals Inc., based on a current level of $99.99 and analysts’ average consensus price target of $100.19.
Arena Pharmaceuticals is a biotechnology company targeting G-protein-coupled receptors. The company has one internally discovered drug, lorcaserin, which has been approved and is marketed in the U.S. and South Korea to target weight management. It is commercialized under the brand name Belviq. The company is collaborating with Eisai to market Belviq in other countries. It has a presence in Europe through its Swiss subsidiary, Arena GmbH. The company’s pipeline contains drugs targeting autoimmune diseases, vascular diseases, thrombotic diseases, dementia-associated psychosis, nervous system issues, and pain.
In the past 12 months, Arena Pharmaceuticals Inc. share prices are bracketed by a low of $45.50 and a high of $100.00 and are now at $99.99, 120% above that low price.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer
More News
Octavia Spencer responds to Ride or Die cancellation
Octavia Spencer starred opposite Hannah Waddingham in the Prime Video series, and plays the Ted Lasso star’s best friend, who has no idea that her pal is actually an international assassin.
Teri Hatcher sends urgent warning to fans over Internet scam
Teri Hatcher has long been a frequent social media user, and regularly shares messages and pictures with fans online, but her latest had a darker turn, after Teri was informed of a troll trying to swindle her fans.
Kylie Minogue x Sherrin collection sells out in lead up to popstar’s AFL Grand Final halftime show
Kylie Minogue’s limited-edition collection with an iconic football brand has sold out less than 24 hours after it was released.
Universal Pictures to campaign The Odyssey's Anne Hathaway for supporting actress categories
Universal Pictures is to campaign Anne Hathaway for the Supporting Actress category ahead of next year's Academy Awards, following her portrayal of Penelope, wife of Odysseus, mother of Telemachus, and the queen of Ithaca, in Sir Christopher Nolan's movie The Odyssey.
Alex Band has self-funded new The Calling album
The record is titled Before The World Turns To Dust, and will drop this Friday (25.09.26),.
Holly Humberstone cancels European tour after 'life-threatening medical emergency'
Singer-songwriter Holly Humberstone has cancelled the remainder of her European tour after a member of her touring party suffered a "serious, life threatening medical emergency", but she has promised to return next year " to do this properly".
Neila Bontempelli takes subtle dig at online trolls after polarising Brownlow Medal look
The new mother may have just responded to the scrutiny her dress sparked on Monday night.
Channing Tatum weighs in on 'hilarious' burner account rumours
Speculation started swirling last week after eagle-eyed social media fans spotted that a page under the name “Nonya Bidness” had been commenting on pictures of Channing’s ex-fiancé Zoe Kravitz and her husband-to-be Harry Styles.
Christina Applegate smiles in first video since hospitalisation
Christina Applegate - who was diagnosed with multiple sclerosis in 2021 - was admitted to a Los Angeles medical centre in March this year, and is believed to have been discharged in August.
Witney Carson discovers sex of 3rd baby with husband Carson McAllister
Dancing With the Stars pro Witney Carson is expecting another boy, after her sons Leo, five, and Jet, three, revealed their upcoming sibling's gender to her and husband Carson McAllister in an adorable video.
Presley Gerber's ex 'very angry' about his untimely death: 'You deserved more life'
Presley Gerber's ex-girlfriend Charlotte D'Alessio has broken her silence on his passing, admitting she is "very angry" about his untimely death because he "deserved more life".
Brigitte Bardot's belongings fetch $A1.5m in Paris
Fans of the French screen icon Brigitte Bardot have snapped up nearly 300 items from her personal estate during a marathon nine-hour auction in Paris.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.