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FutureBankruptcy

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FutureBankruptcy

Re: None

Friday, 07/07/2017 11:57:16 PM

Friday, July 07, 2017 11:57:16 PM

Post# of 22684
ARNA Stock Extends Hot Streak, Stays Nasdaq Darling

Arena Pharmaceuticals stock is one of the best on the Nasdaq today, up 9.7% to trade at $19.73, and just off a new annual high of $19.90, after JMP raised its rating on the stock to "market outperform" from "market perform." The biotech stock is now up 39% year-to-date, and has skyrocketed about 75% since hitting a record low of $11.30 on May 18.

A short squeeze could add fuel to ARNA stock's fire. Short interest represents more than 26% of the equity's total available float, and would take nearly a week to buy back, at Arena Pharmaceuticals' average daily trading volume.

http://www.schaeffersresearch.com/content/news/2017/07/07/amd-stock-rallies-general-electric-hits-another-new-low

$ARNA

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