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Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) shares declined 2.23 percent to close at $7.00 a share Friday. The stock traded between $6.65 and $7.03 on volume of 9.69 million shares traded. Competitor Vivus’ weight loss drug Qsymia became available in pharmacies on July 1st. Shares of Arena Pharmaceuticals have fallen approximately 22.4 percent year-to-date.
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On Assignment, Inc. (NYSE: ASGN) shares rallied 3.15 percent to close at $27.87 a share Friday. The stock traded between $26.99 and $27.87 on volume of 250,675 shares traded. Temporary staffing agencies fell sharply Wednesday after the White House announced it would delay the implementation a new health-care law requiring companies with over 50 employees to provide health insurance for their workers. Shares of On Assignment are up approximately 70.5 percent year-to-date.
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Harmony Gold Mining Co. (NYSE: HMY) shares declined 3.77 percent to close at $3.57 a share Friday. The stock traded between $3.42 and $3.60 on volume of 2.89 million shares traded. Gold miners fell sharply Friday as prices for the precious metal dropped 3.1 percent on concerns that a positive U.S. jobs report would push the Federal Reserve to curb stimulus measures. Shares of Harmony Gold Mining have fallen approximately 60.0 percent year-to-date.
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Lululemon Athletica Inc. (NASDAQ: LULU)(TSX: LLL) shares declined 3.77 percent to close at $63.55 a share Friday. The stock traded between $62.91 and $64.05 on volume of 2.37 million shares traded. The company’s founder, Dennis Wilson, is planning to sell 3.4 million shares, paring his stake in the company to 25 percent from 28 percent. Shares of Lululemon Athletica have fallen approximately 22.0 percent in the past month.
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