$Arena Pharmaceuticals (ARNA.US)$ Pfizer bought out this com...
$Arena Pharmaceuticals (ARNA.US)$ Pfizer bought out this company and agrees to pay 100$ per share. It is free money buying anything below 100$ at this point.
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102355763 : It’s funny how Pfizer just narrowly sits above 50, yet using 100 per share to buy ARNA, which is less that 50![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
102415025 : Becareful
102415025 : If it drop it can be very painful
Cybercore 102355763 : Arena is 100 USD for 0.061 Billion Shares
Pfizer is 50 USD for 5.610 Billion Shares
It makes sense.
mingwei02 102415025 : Arena Pharmaceuticals (ARNA) – The drugmaker agreed to be acquired by Pfizer for $100 per share in cash, or about $6.7 billion. Arena soared 93.1% in premarket trading following news of the transaction. Clinical stage company is worth 6.7b. $$Myovant Sciences Ltd.(MYOV)$ MYOV is probably next on the M&A list with a higher valuation