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Profit Taking Sinks Arena
By: MarketMinute.com Stock News
Posted on June 22, 2012 at 15:05 PM EDT

Investors locked in profits on Arena Pharmaceuticals Inc. (Nasdaq: ARNA) whose stock price climbed the past week in anticipation of regulatory approval of its obesity treatment Lorcaserin. The stock price fell $1.68 to $10.00.
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Arena Pharmaceuticals, Inc.
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