Arena Earnings: How Did the Market React?

Arena Pharmaceuticals (Nasdaq: ARNA  ) , one of a trio of companies developing treatments for the obesity market, released its Q3 earnings after the market closed yesterday. Despite a fairly neutral report -- which didn't include sales projections for its FDA-approved drug Belviq -- the company is trading down today.

In the following video, health care analysts Max Macaluso and Brenton Flynn examine Arena's results, including a new partnership deal, and discuss the cascading effects of the poor sales figures reported by Arena's main competitor, VIVUS  (Nasdaq: VVUS  ) .

VIVUS' poor Qsymia sales may have spooked investors who have high hopes for obesity drugs, but this doesn't necessarily spell the end for these companies. Despite the recent pull-back, Arena's shares are still up more than 270% year to date. Is Arena still a stock to watch, or is its growth potential evaporating? Before you invest a single dollar, examine this company's opportunities and risks in our brand new premium research report on Arena Pharmaceuticals. Our senior biotech analyst walks investors through essential topics and, since key news can develop quickly, we're also including a full year of updates for those who sign up. Click here now to learn more.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2100413, ~/Articles/ArticleHandler.aspx, 10/21/2014 11:45:17 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement