Only 1 Number Mattered in Arena Pharmaceuticals' Q3 Results -- and It Was Big

Some biotech stocks might be struggling in 2019, but not Arena Pharmaceuticals (NASDAQ: ARNA). Its share price is up over 20% so far this year. However, that's a lot less than this summer when Arena's shares were up more than 60%.

Arena announced its third-quarter results after the market closed on Thursday. Don't expect the biotech's news to kick off a dramatic rebound, but a major slide isn't likely, either. There was really only one number that mattered in Arena's Q3 results -- and it was a big one.

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Source Fool.com