Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Arena Pharmaceuticals' Q2 Results Don't Matter

TheMotleyFool

0 0

Why Arena Pharmaceuticals' Q2 Results Don't Matter

Arena Pharmaceuticals (NASDAQ: ARNA) has made investors happy campers so far in 2020. Its shares are up more than 40%. The company also reported some good news from its pipeline earlier this year and even enjoyed a boost from positive data for a rival's drug.

But when Arena announced its second-quarter results after the market closed on Wednesday, investors basically yawned. Why? The Q2 results really don't matter.

Image Source: Getty Images.

Source Fool.com

Like: 0

ARNA

Share