VIVUS, Inc. (NASDAQ:VVUS) was source of bad news on Nasdaq as the company preferred silence to addressing the concerns around its obesity drug Qsymia. The stock fell more than 15 percent in early trading Tuesday and ended up touching a new 52-week low by bell time. VIVUS, Inc. (NASDAQ:VVUS) stock opened at $5.94 in last session, and closed at $5.85, while the day range of stock is $5.63 – $5.94. The stock showed a negative weekly performance of -13.97%.
Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) reported fourth quarter 2013 loss of 40 cents per share, wider than the year-ago loss of 36 cents per share but narrower than the Zacks Consensus Estimate of a loss of 46 cents per share. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) stock opened at $8.68, in last session and closed at $8.55, by losing -1.38%. The 52 week range of the stock is $2.15 -$23.00. Company’s market capitalization is $1.59 billion.
Arena Pharmaceuticals Inc. (NASDAQ:ARNA) will announce earnings after the market closes at 5:00 PM Eastern time. The company will update financials, discuss the pipeline, and of course, give investors some insight into the sales of its anti-obesity drug Belviq. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock decreased -1.86% and finished the last session at $6.87. The EPS of the stock remained -0.08. Company’s market capitalization is $1.50 billion.
MannKind Corporation (NASDAQ:MNKD) reported financial results for the fourth quarter and full year ended December 31, 2013. The net loss applicable to common stockholders for fiscal year 2013 was $(191.5) million, or $(0.64) per share based on 299.6 million weighted average shares outstanding, compared with a net loss applicable to common stockholders of $(169.4) million, or $(0.94) per share based on 180.9 million weighted average shares outstanding for fiscal year 2012. The number of common shares outstanding at December 31, 2013 was 369,391,972. MannKind Corporation (NASDAQ:MNKD) stock opened the session at $6.61, and closed the session at $6.48. The 52 week range of the stock remained $2.48 – $8.70 and the day range was $6.33 – $6.62.
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