Investor Alley Inc.

Mid-Day Update on Some of the Most Active Stocks: (NASDAQ: ARNA), (NYSE: LDK)

 

New York, NY -- (ReleaseWire) -- 01/11/2013 -- Arena Pharmaceuticals Inc. (NASDAQ: ARNA), a clinical-stage biopharmaceutical company engaged in the discovery, development and commercialization of oral drugs that target G protein-coupled receptors, is marginally higher in mid-day trading today, reversing some of the losses from the previous two trading sessions.

At last check, ARNA was trading 0.43% higher at $9.74 on volume of 3.92 million, which is nearly half of the daily average volume of 8.14 million. The stock is down nearly 3.5% in the last three trading sessions. ARNA has been facing stiff resistance at $10. A strong bullish trend will be established if the stock can break through this level.

Find out what traders and investors need to do with ARNA by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=ARNA

LDK Solar Co. Ltd. (ADR) (NYSE: LDK), a China-based vertically integrated manufacturer of photovoltaic (PV) products, is up sharply in mid-day trading today, continuing its excellent run from recent weeks. LDK is currently trading 1.83% higher at $2.22 on volume of 962,914, which is nearly a third of the daily average volume of 3.02 million.

LDK has gained more than 7% in the last three trading sessions. The stock has been gaining momentum this week after the Chinese government announced plans to increase solar installations in 2013. Earlier this week, LDK also announced that it regained compliance with New York Stock Exchange’s (NYSE) continued listing requirement.

Find out if LDK could maintain its momentum in the upcoming trading sessions by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=LDK

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