Stocks Alert: Arena Pharmaceuticals, Waddell & Reed Financial, Coinstar, Brocade Communications Systems

Lakeway, TX -- (SBWIRE) -- 02/27/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) slipped 2.66% and closed at $8.05 on a traded volume of 7.92 million shares. The Company will host a conference call and webcast to provide a corporate update and discuss fourth quarter and full year 2012 financial results before the NASDAQ Global Select Market opens on March 4, 2013. Arena Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors, in four therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases.

How Should Investors Trade DAR After The Recent Movement? Find Out Here

Waddell & Reed Financial, Inc. (NYSE:WDR) declined 2.56% and closed at $40.04 on a traded volume of 3.48 million shares. The 52-week range for the stock is $26.55 and $43.46. The Company has Price/Sales ratio of 2.89 and Price/Book ratio of 6.19. The 50-Day Moving Average and 200-Day Moving Average prices is $39.73 and $34.35 respectively.

Is WDR Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Coinstar, Inc. (NASDAQ:CSTR) went down 2.48% and closed at $50.02 on a traded volume of 1.04 million shares. Coinstar will hold an Analyst Day on February 27, 2013 in San Francisco. The presentations by senior management and the question-and-answer session will be webcast live from 8:00 a.m. PST to 12:00 noon PST. Coinstar, Inc. is a leading provider of automated retail solutions offering convenient services that make life easier for consumers and drive incremental traffic and revenue for retailers.

Is CSTR a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Brocade Communications Systems, Inc. (NASDAQ:BRCD) decreased 2.46% and closed at $5.54 on a traded volume of 6.91 million shares. So far this year, the stock is up over 4%. The 52-week range for the stock is $4.18 and $6.44. Brocade Communications Systems, Inc. (Brocade) is a supplier of networking equipment, including end-to-end Internet Protocol-based Ethernet networking solutions and storage area networking solutions for businesses and organizations of all types and sizes.

How Should Investors Trade BRCD After The Latest Earnings Report? Find Out Here

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