Arena, Inovio rally after positive mention

|About: Arena Pharmaceuticals, Inc. (ARNA)|By:, SA News Editor

Shares of Arena Pharmaceuticals (ARNA +5.7%)  are notably higher in morning trading.

Perhaps helping the cause is SA contributor EnhydrisPECorp, who thinks "the tide is starting to turn" for the company and says the Street's generally bearish take on the shares may be the result of analysts "drinking too much egg nog."

Also mentioned in the article (and also sharply higher) are shares of Inovio Pharmaceuticals (INO +13.4%) which the author says may "double from current levels." The piece cites insider and institutional buying.