On June 3, Many investors appear to be quite bearish on VIVUS, Inc. (NASDAQ:VVUS) especially if you look at the percentage of the float that is sold short for this stock. Currently, 35.97% of the float is sold short, suggesting an extreme level of bearishness for VVUS, according to Zack. VIVUS, Inc. (NASDAQ:VVUS) weekly performance is 6.90%. On last trading day company shares ended up $5.27. Analysts mean target price for the company is $7.33. VIVUS, Inc. (NASDAQ:VVUS) distance from 50-day simple moving average (SMA50) is 2.00%.
On June 3, Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) announced the initiation of dosing in an investigational Phase 1b clinical trial of APD334, a novel, oral drug candidate that targets the sphingosine 1-phosphate subtype 1 (S1P1) receptor, to evaluate the compound for the treatment of a number of autoimmune diseases. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares fell -2.44% in last trading session and ended the day on $6.00. Gross Margin is 93.70% and its return on assets is -8.10%. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) quarterly performance is -15.73 %.
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) on June 2 announced longer-term follow up from its Phase 1 and pivotal Phase 2 trials of Iclusig® (ponatinib), its approved BCR-ABL inhibitor, in heavily pretreated patients with resistant or intolerant chronic myeloid leukemia (CML) or Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL). Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) was closed at $6.69, while trading in range of $6.61 -$6.74. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) year to date (YTD) performance is -1.91%.
Teva Pharmaceutical Industries Ltd. (ADR) (NYSE:TEVA) will host a live audio webcast at the Goldman Sachs 35th Annual Global Healthcare Conference. Eyal Desheh, EVP & CFO will present on Tuesday, June 10, 2014 at 2 PM PT. Teva Presentation at the Goldman Sachs 35th Annual Global Healthcare Conference. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) ended the last trading day at $51.08. Company weekly volatility is calculated as 2.06% and price to cash ratio as 53.13. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) showed a positive weekly performance of 1.17%.
On June 6, Panasonic Corporation (ADR) (OTCMKTS:PCRFY)’s latest budget Blu-ray player offers a cost-effective way of bringing hi-def movie playback and online content into your living room or bedroom. It does everything you’d expect from a Blu-ray deck, such as playing 3D discs, CDs and DVDs, but with built-in Wi-Fi you can also stream video content from a few online services and play your own media over a network. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) On last trading, day company shares ended up $11.24 .