Investors Pick Up ARNA Even Cheaper Than Its Secondary Stock Offering
March 23, 2018 at 10:47 AM EDT
Looking back to 2 days ago, Arena Pharmaceuticals Inc (ARNA) priced a 8,500,000 share secondary stock offering at $41.50 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..