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Monday, December 13, 2021 20:42:22 UTC

ARENA PHARMACEUTICALS INC: We entered a call option, $65.00 strike price, at 9:30 AM with a market buy. We exited 5 hours later by limit sale for a 327% profit!

Pfizer has agreed to cash buy Arena Pharmaceuticals in a deal with a value of about $6.7 billion. The announcement bolstered Arena shares (ARNA) by 91% in premarket.

"Slammed" at open.(More)

@pfizerinc @moderna_tx @pfizerinc @pfizer

#pfizer #arenapharmaceuticals #covid #vaccine #premarket #crohnsdisease

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Monday, December 13, 2021 12:07:25 UTC

Pfizer has agreed to cash buy Arena Pharmaceuticals in a deal with a value of about $6.7 billion. The announcement bolstered Arena shares (ARNA) by 91% in premarket.

Pfizer will pay $100 per Arena share, doubling Friday's closing price of $49.94. Pfizer is expecting to finance the deal using cash on hand. Pfizer shares were up 1.8% premarket on the news.(More)

PFIZER TO BUY ARENA PHARMACEUTICALS $6.7B

Monday, December 13, 2021 12:07:25 UTC

Pfizer has agreed to cash buy Arena Pharmaceuticals in a deal with a value of about $6.7 billion. The announcement bolstered Arena shares (ARNA) by 91% in premarket.

Pfizer will pay $100 per Arena share, doubling Friday's closing price of $49.94. Pfizer is expecting to finance the deal using cash on hand. Pfizer shares were up 1.8% premarket on the news.

#pfizer #arenapharmaceuticals #covid #vaccine #premarket #crohnsdisease