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Arena Pharamceuticals (ARNA) is a Dead Cat Bounce
11 july

ARNA is up around 50% on its report that ralinepag was successful in mid-stage PAH study.

Phase 2 results are driving the stock up today:

$ARNA, Arena Pharmaceuticals, Inc. / H1

ARNA stock is a dead cat bounce. 

Agree = Avoid.

Disagree = ARNA stock has legs to move to the $1 billion market cap.

Answered:
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Arena Pharamceuticals (ARNA) is a Dead Cat Bounce

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