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Ariad Pharmaceuticals (ARIA) Spikes on Eli Lilly (LLY) Buyout Rumors

By  +Follow January 23, 2014 12:57PM
Tickers Mentioned:

Rumors that major pharmaceutical companies may be circling Ariad Pharmaceuticals (ARIA) regarding a potential buyout helped drive shares of the volatile stock higher on Thursday. Ariad was up over 11 percent Thursday on extremely heavy volume, continuing Ariad’s bigs swings that have come to characterize the stock in recent months.

Ariad Buyout Rumors Spark Run

The inciting incident for today’s gain appears to be an article that appeared in the Daily Mail that speculated that several major buyers could be interesting in buying Ariad. The article states that Eli Lilly (LLY) , GlaxoSmithKline (GSK) , and Shire (SHPG) are all interested in purchasing the company following the approval of Iclusig (a pill form of Ponatinib treatment) for treatment of leukemia patients.

The frontrunner is reportedly Eli Lilly, who may be willing to pay as much as $20 a share. That would take the price close to the share value in October prior to a massive plunge following serious regulatory concerns.

Could Ariad’s Wild Ride Finally be Coming to a Close?

Ariad Pharmaceuticals has been on a long, wild ride that has taken shares from a 52-week high of $23 a share, to $22.50 a share in October before the FDA put a hold on Iclusig because of worries about blood clots. That sent shares plummeting to the 52-week low of just $2.15 a share. Shares continued to exhibit big volatility on heavy volume over the next month, with double-digit swings in a single day not at all out of the norm.

However, things started to stabilize for Ariad after the FDA approved Iclusig again with new prescribing guidelines. Now, Ariad’s been making steady gains since mid-December and appears to have left the worst behind it.

What the future holds for Ariad is still far from clear, and the fact that the stock is trading at under $7.50 a share should prove that a certain healthy skepticism of the $20 a share price quoted in the buyout rumors.

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Results for ARIA
Janie Tracey
8 Oct 15 09:15:43
$ARIA $KERX $NBR $NE $PTEN $RES $VVUS $WG $ZINC Autocharts @ http://t.co/xnrYcUcYz5
Maria Finch
8 Oct 15 09:05:46
RT @US_proptrader: $ADXS $AEGR $ARIA $BUFF $CLDX $DEPO $DYAX $SGEN $XON Autocharts @ http://t.co/f6cpQoVS67
8 Oct 15 08:43:39
Right now ARIA is number 104 for the largest percentage gain out of 250 stocks. $ARIA ARIA is up +13.10% in th http://t.co/XPGPHNPWtE
Rosner Stocks
8 Oct 15 08:42:56
$ARIA Company Info Updated Thursday, October 8, 2015 10:59:24 AM $XME $XHB $OIL $SLV http://t.co/WL5IWY7mPW
Marcia Dodson
8 Oct 15 08:33:58
RT @PolgarStocks: MRK Merck & Co., Inc. Shares http://t.co/wCXeEK2mui $MRK $RGLD $BABA $ARIA #MRK #share #stocks
IH News Desk
8 Oct 15 08:19:10
$XOM Last Price Updated Thursday, October 8, 2015 11:11:10 AM $GPRO $ARIA $TBT $AA http://t.co/9NAQVPnnHB
DE Asset Management
8 Oct 15 07:59:37
RT @PolgarStocks: $ARIA Company Info Updated Thursday, October 8, 2015 10:07:20 AM $TWTR $ITB $GDXJ $C http://t.co/TtN8r53PDt
8 Oct 15 07:43:08
$ARIA Company Info Updated Thursday, October 8, 2015 10:07:20 AM $TWTR $ITB $GDXJ $C http://t.co/TtN8r53PDt
Wall Street
8 Oct 15 07:42:46
8 Oct 15 07:29:55
$ARIA $CC $KERX $NGD $SN $TCK $VVUS $XON $YHOO Autocharts @ http://t.co/f6cpQoVS67
8 Oct 15 07:14:55
$ARIA $AUY $AVP $CC $ERF $EXEL $EXXI $TCK $VVUS Autocharts @ http://t.co/f6cpQoVS67
Norma Dowman
8 Oct 15 07:13:50
Ariad Pharmaceuticals Stock Rating Lowered by Zacks $ARIA http://t.co/ZErheES2zC
8 Oct 15 06:48:14
UVXY ProShares Ultra VIX Short-Term Futures ETF Bid http://t.co/z4ZTC6ZVSu $UVXY $ARIA $POT.TO $GG #UVXY #stocks #nasdaq
Stock Forums
8 Oct 15 06:48:13
UNP Union Pacific Corp. 52Wk High http://t.co/HWUNQRUttt $UNP $ARIA $SMN $HD #UNP #tradeideas #investing
8 Oct 15 06:48:09
TVIX VelocityShares Daily 2x VIX Short Term ETN Stock Forum http://t.co/eRl0W6mXPp $TVIX $BABA $ARIA $UUP #TVIX #tradeideas #nasdaq
Stock Forums
8 Oct 15 06:44:13
RDSH Roadships Holdings, Inc. % Change http://t.co/5TnpITIlrZ $RDSH $VZ $WFC $ARIA #RDSH #stockmarket #invest
8 Oct 15 06:42:20
OHRP Ohr Pharmaceutical, Inc. 52Wk High http://t.co/XxH1FZCWf3 $OHRP $COP $NAT $ARIA #OHRP #stocks #stock
8 Oct 15 06:41:04
NBG National Bank Of Greece Ideas http://t.co/YP1UvhtOLt $NBG $ATVI $VZ $ARIA #NBG #finance #tradeideas
Investors Hangout
8 Oct 15 06:41:04
NBG National Bank Of Greece 52Wk Low http://t.co/0iFPOjZUqv $NBG $CTLE $ARIA $UGAZ #NBG #tradeideas #invest
Rosner Stocks
8 Oct 15 06:40:09
$ARIA Filings Updated Thursday, October 8, 2015 08:59:24 AM $OZRK $KSS $ABBV $EWH http://t.co/E1cvn1rmGY
8 Oct 15 06:39:13
HYG iShares iBoxx High Yield Corporate Bond Fund E.P.S. http://t.co/JbZ8B6NL8F $HYG $HYG $PLUG $ARIA #HYG #tradeideas #tradeideas
8 Oct 15 06:38:06
HIMX Himax Technologies Inc. Ask Size http://t.co/U0pRJZiXPd $HIMX $XOM $KO $ARIA #HIMX #pennystocks #stock
Investors Hangout
8 Oct 15 06:37:40
GM General Motors Co. Shares http://t.co/vlJ5vftijb $GM $RIG $XLP $ARIA #GM #pennystocks #nasdaq
Investors Hangout
8 Oct 15 06:37:38
GILD Gilead Sciences, Inc. Last Trade http://t.co/TNJAiFYmr1 $GILD $ARIA $QID $GLD #GILD #invest #finance
Investors Hangout
8 Oct 15 06:36:29
ERX Direxion Daily Energy Bull 3x Shares Current Price http://t.co/FVO8FE9NXd $ERX $SMH $ARIA $NBG #ERX #stocks #stocks
8 Oct 15 06:36:20
EEM iShares MSCI Emerging Markets Financials http://t.co/JbNw5XXhQB $EEM $NBG $JNK $ARIA #EEM #finance #stock
8 Oct 15 06:35:05
DIA SPDR DJ Industrial Average ETF Trust Financials http://t.co/bk1SoLji5b $DIA $ARIA $VG $MXL #DIA #invest #stock
Investors Hangout
8 Oct 15 06:34:41
CSCO Cisco Systems, Inc. % Change http://t.co/yId87wTlM9 $CSCO $V $ARIA $RXII #CSCO #stock #stock
IH News Desk
8 Oct 15 06:34:40
CVX Chevron Corp. 52Wk Low http://t.co/rKW5qTntNf $CVX $ARIA $HIMX $CSCO #CVX #stock #share
8 Oct 15 06:33:33
CAT Caterpillar, Inc. E.P.S. http://t.co/e6hkkwXK9D $CAT $CHK $ARIA $IBB #CAT #stocks #nasdaq
8 Oct 15 06:33:31
BRWC Boreal Water Collection Inc. Prev Close http://t.co/9asBMPMiLk $BRWC $WYNN $ARIA $BIB #BRWC #tradeideas #stock
8 Oct 15 06:33:29
ARIA ARIAD Pharmaceuticals, Inc. Bid http://t.co/qWTvS0I44S $ARIA $NEM $FB $DWTI #ARIA #pennystocks #finance
Rosner Stocks
8 Oct 15 06:33:25
BTU Peabody Energy Corp. Yield http://t.co/v0pOPW7CWT $BTU $CELG $ARIA $MYEC #BTU #stock #pennystocks
Lucky Jimmy
8 Oct 15 06:33:09
ARIA ARIAD Pharmaceuticals, Inc. Message Board Posts http://t.co/RlBAxBXjGh $ARIA $DWTI $SBUX $GEGI #ARIA #stockmarket #pennystocks
8 Oct 15 06:32:09
ARIA ARIAD Pharmaceuticals, Inc. Ask http://t.co/CofiTxapNG $ARIA $OIL $WLL $VXX #ARIA #finance #stockmarket
8 Oct 15 06:32:08
ARIA ARIAD Pharmaceuticals, Inc. E.P.S. http://t.co/ermQ9FLdMH $ARIA $NVCR $AEM $AUY #ARIA #nasdaq #invest
8 Oct 15 06:32:08
ARIA ARIAD Pharmaceuticals, Inc. 52Wk Low http://t.co/7MOzFgkEmv $ARIA $QID $NVCR $OGXI #ARIA #stockmarket #tradeideas
Stock Forums
8 Oct 15 06:32:06
ARIA ARIAD Pharmaceuticals, Inc. Ask http://t.co/xnsiptM8QG $ARIA $FXI $BRWC $AMZN #ARIA #invest #stockmarket
Stock Forums
8 Oct 15 06:32:06
ARIA ARIAD Pharmaceuticals, Inc. Company Info http://t.co/GRmFB5BFmJ $ARIA $RSP $GE $POT.TO #ARIA #stocks #stock
Stock Forums
8 Oct 15 06:31:36
AMGN Amgen, Inc. Prev Close http://t.co/f4Z6yPD7NJ $AMGN $ARIA $GOOGL $XLB #AMGN #nasdaq #pennystocks
Dave Neville
8 Oct 15 06:28:48
Hottest Healthcare Stocks Now - $NLNK $ARIA $ISIS $LCI | InvestorPlace http://t.co/ZNleMEX8YC @investorplace 10/7/15
8 Oct 15 06:12:51
8 Oct 15 06:08:02
$RAX $ARIA: Traders Watch list – D.R. Horton, (NYSE:DHI), Rackspace Hosting …: http://t.co/kOKw9SdhUo
Page Dodson
8 Oct 15 05:51:49
RT @IHPosts: DBC DB Commodities Tracking Index Fund Market Cap http://t.co/GleiEV5oU2 $DBC $EWZ $VLO $ARIA #DBC #pennystocks #stock
Janie Tracey
8 Oct 15 05:51:43
RT @IHPosts: XLF Financials Select Sector SPDR Ask Size http://t.co/NOqvfI44Zq $XLF $ARIA $CINE.L $ACI #XLF #share #finance
Rosner Stocks
8 Oct 15 05:39:36
$IBB Last Price Updated Thursday, October 8, 2015 07:59:24 AM $XHB $FXP $EWY $ARIA http://t.co/HbHMtK793j
IH News Desk
8 Oct 15 05:16:12
$SH Last Price Updated Thursday, October 8, 2015 07:11:10 AM $ARIA $DBJP $WMIH $T http://t.co/p3wjPNBb6u
8 Oct 15 05:00:04
#sentishiftdown $FCAU $ADBE $PCLN $GS $ARIA #FinTech #trader http://t.co/NKDRUaTly8 20151008 08:00:05:183
8 Oct 15 04:46:02
TLT iShares Barclays 20+ Year Treasury Bond Fund Last Price http://t.co/XK1oe3epRg $TLT $ABX $ARIA $CMG #TLT #investing #nasdaq
IH News Desk
8 Oct 15 04:42:34
NUGT Direxion Daily Gold Miners Bull 3x Shares Open http://t.co/4RsJhbnicG $NUGT $TBEV $ARIA $XEG.TO #NUGT #stock #stocks
By  +Follow January 23, 2014 12:57PM



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