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Arena Pharmaceuticals Inc buy phonebroker

Start price
€12.10
07.10.10 / 50%
Target price
€18.00
09.11.10
Performance (%)
-5.37%
End price
€11.45
09.11.10
Summary
This prediction ended on 09.11.10 with a price of €11.45. With a performance of -5.37%, the BUY prediction for Arena Pharmaceuticals Inc by phonebroker closed slightly in the red. phonebroker has 50% into this prediction

Arena Pharmaceuticals, Inc. (Symbol ARNA) is a biopharmaceutical company based in San Diego, California that focuses on the research, development, and commercialization of novel medications. The company's primary focus is on developing small molecule drugs that target G protein-coupled receptors, which are involved in a wide range of physiological processes. Arena has a diverse pipeline of potential drug candidates in various stages of development, including treatments for pulmonary arterial hypertension, pain, autoimmune diseases, and more. The company's stock is listed on the NASDAQ exchange and is widely considered to be a high-risk/high-reward investment.

Performance without dividends (%)
Name 1w 1m 1y 3y
Arena Pharmaceuticals Inc - - - -
iShares Core DAX® -1.816% -2.419% 12.070% 14.356%
iShares Nasdaq 100 4.333% 8.073% 32.493% 59.393%
iShares Nikkei 225® 0.657% 1.234% 2.682% 5.342%
iShares S&P 500 2.968% 4.613% 26.496% 49.719%

Comments by phonebroker for this prediction

In the thread Arena Pharmaceuticals Inc diskutieren
Prediction Buy
Perf. (%) -5.37%
Target price 18.000
Change
Ends at 09.11.10

Hochstufung von Halten auf Outperform

Update 09.11.2010: Hochstufung auf Outperform mit Kursziel um 1,80 Euro

Update 27.10.2010: Der neuerliche Kursrückgang resultiert auf den negativen Bescheid der FDA zur Zulassung der Schlankheitspille Lorcaserin, was aber noch nicht das AUS bedeutet.
Die Empfehlung stufe ich herunter von Kaufen auf Halten mit Kursziel 1,30 EURO.

Mehr Infos unter: http://www.zacks.com/stock/news/42073/Rude+Shock+for+Arena+Pharma

Prediction Buy
Perf. (%) -5.37%
Target price 18.000
Change
Ends at 09.11.10

(Stop Loss Kurs erreicht)

Stopped prediction by phonebroker for Arena Pharmaceuticals Inc

Arena Pharmaceuticals Inc

Start price
Target price
Perf. (%)
€50.96
13.08.10
€38.00
07.09.10
15.78%
07.09.10