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

By  +Follow January 23, 2014 12:57PM
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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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


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Results for ARIA
Colin Macleod
22 Aug 14 18:37:24
August 22 2014 Ichimoku Patterns: Entered Ichimoku Cloud http://t.co/OSw79c35AN $F $DYN $VALE $EWJ $ABX $ARIA $TXN $TWX $AES $WFT $GG
Stock Signaling
22 Aug 14 16:31:11
Top Stocks (By Trading Liquidity): $GPRE $PVA $ICPT $GRPN $AEO $JBLU $FOLD $MNK $ECOM $AEGR $JASO $JRJC $ARIA $HIMX $ARO #stock #trading
Scott Haden
22 Aug 14 14:37:43
Commented on StockTwits: Curious why the bullishness right now with $ARIA ??? http://t.co/EzGZLf5U7D
Stock Signaling
22 Aug 14 13:31:12
Top Stocks (By Trading Liquidity): $PVA $ICPT $GRPN $AEO $JBLU $FOLD $MNK $ECOM $AEGR $JASO $JRJC $ARIA $HIMX $ARO $ARWR #analyst #mkt #dow
Dathan Pyle
22 Aug 14 13:23:59
RT @SeekingAlpha: Biotechs With Insider Buying http://t.co/9tYkBshB6O $ADMA $ARIA $DVAX $ENTA $GALT $INSY $PACB
Business News Now
22 Aug 14 13:04:30
$ARIA: Q2 2014 ARIAD Pharmaceuticals, Inc. Earnings Release - Before Market Open http://t.co/OOCiTQ5VO6 http://t.co/fdmBKDvIw8
Wall Street Monitor
22 Aug 14 12:04:29
$ARIA: Storm The Castle: ARIAD Pharmaceuticals (ARIA) http://t.co/oxl7t2k1zY http://t.co/Aa7quYgdMu
Sheldon Chaulk
22 Aug 14 11:43:15
RT @SeekingAlpha: Biotechs With Insider Buying http://t.co/9tYkBshB6O $ADMA $ARIA $DVAX $ENTA $GALT $INSY $PACB
Media Sentiment
22 Aug 14 11:24:53
$ARIA received a new alert. Find out why at http://t.co/5udYd0Ofs6 #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 274
john pagnotta
22 Aug 14 11:18:38
RT @SeekingAlpha: Biotechs With Insider Buying http://t.co/9tYkBshB6O $ADMA $ARIA $DVAX $ENTA $GALT $INSY $PACB
Craig Garbers
22 Aug 14 11:17:08
RT @SeekingAlpha: Biotechs With Insider Buying http://t.co/9tYkBshB6O $ADMA $ARIA $DVAX $ENTA $GALT $INSY $PACB
Seeking Alpha
22 Aug 14 11:16:14
Biotechs With Insider Buying http://t.co/9tYkBshB6O $ADMA $ARIA $DVAX $ENTA $GALT $INSY $PACB
Investors Hangout
22 Aug 14 11:13:46
danrocks: $XLV Showing on my streamers $ARIA $XLP $DUST http://t.co/rc3R2Oqowv
Investors Hangout
22 Aug 14 11:13:46
danrocks: $XLV Showing on my streamers $ARIA $XLP $DUST http://t.co/HFqiY8AZ2T
Investors Hangout
22 Aug 14 11:13:43
danrocks: $PBYI Showing on my streamers $EPI $ABX $ARIA http://t.co/cGsEjTXkO0
Investors Hangout
22 Aug 14 11:13:43
danrocks: $PBYI Showing on my streamers $EPI $ABX $ARIA http://t.co/9N5vLdXSoX
Business Headlines
22 Aug 14 11:04:32
$ARIA: Commit To Purchase ARIAD Pharmaceuticals At $3.50, Earn 21.4% Using Options http://t.co/QhPlQPX0b5 http://t.co/4Rrtji9UWj
dominic
22 Aug 14 11:02:30
$ARIA this pig should start moving on a laggard way. always the last
danrocks
22 Aug 14 10:54:23
$XLV Showing on my streamers $ARIA $XLP $DUST $SVL.TO $UA http://t.co/2Uyya1rJsr
danrocks
22 Aug 14 10:42:24
$PBYI Showing on my streamers $EPI $ABX $ARIA $LNKD $FCEL http://t.co/8RG78tug2N
Investors Hangout
22 Aug 14 10:16:59
clayton: $ARIA 5.8 http://t.co/UOfexITJfc
Investors Hangout
22 Aug 14 10:16:59
clayton: $ARIA 5.8 http://t.co/IufGsmXXZW
clayton
22 Aug 14 10:08:09
$ARIA 5.8 http://t.co/wG0iaokqN3
Stock News Guru
22 Aug 14 10:04:27
$ARIA: Will GW Pharmaceuticals (GWPH) Miss this Earnings Season? http://t.co/lLmvakCfWN http://t.co/Zb0sZOYaJF
leahanne
22 Aug 14 09:53:46
$INTC Intel Corp (INTC) 35.06 -0.09 (-0.26%) $UGAZ $FXI $ARIA http://t.co/g4sStq5JgN
Investors Hangout
22 Aug 14 09:50:39
DennyT: AMGN Research Reports $AMGN $HOD.TO $HD $ARIA http://t.co/M9GaYp3M40
Investors Hangout
22 Aug 14 09:50:35
DennyT: AMGN Research Reports $AMGN $HOD.TO $HD $ARIA http://t.co/pGsU3plA88
Investors Hangout
22 Aug 14 09:39:41
danrocks: $BITA Hitting Buzz $ARIA $VOIS $SLV $XIV $SMH http://t.co/jIeZxjxHfD
Investors Hangout
22 Aug 14 09:39:27
danrocks: $BITA Hitting Buzz $ARIA $VOIS $SLV $XIV $SMH http://t.co/Q9Sr7kD4Hr
iHangout
22 Aug 14 09:33:16
http://t.co/vVojvVrNNL DennyT: Xtremepicks Alerts: AMGN Research Reports $AMGN $HOD.TO $HD $ARIA http://t.co/F22BbD69i7
danrocks
22 Aug 14 09:21:00
$BITA Hitting Buzz $ARIA $VOIS $SLV $XIV $SMH http://t.co/GileK1rctj
Investors Hangout
22 Aug 14 08:45:28
DennyT: MEET Short Sales $MEET $TFM $GRCU $ARIA $PRAN http://t.co/sNQBr6hqBb
Investors Hangout
22 Aug 14 08:45:27
DennyT: MEET Short Sales $MEET $TFM $GRCU $ARIA $PRAN http://t.co/qGj8vDq458
Stock Updates
22 Aug 14 08:04:27
$ARIA: Should You Sell Ariad Pharmaceuticals (ARIA) Before Earnings? http://t.co/rDv5fAvh4j http://t.co/anDe4sWHhR
leahanne
22 Aug 14 07:19:35
$AA Alcoa Inc (AA) 16.33 -0.02 (-0.12%) $GDXJ $AAPL $ARIA http://t.co/mbLQpIjMdl
dougheuring
22 Aug 14 07:07:50
$aria ARIA: Iclusig TRx/NRx are 121/42 in week 31 since the January re-launch.
Stock Signaling
22 Aug 14 07:01:10
Top Stocks (By Trading Liquidity): $MNK $ECOM $AEGR $JASO $JRJC $ARIA $HIMX $ARO $ARWR $SUNE $CIEN $SFY $INO $CNAT $ECYT #markets #trader
Investors Hangout
22 Aug 14 06:50:20
chartguy89: ARIA Stock Chart $ARIA $EOX $PSMI $UUP http://t.co/GgkiqORbb5
Investors Hangout
22 Aug 14 06:50:20
chartguy89: ARIA Stock Chart $ARIA $EOX $PSMI $UUP http://t.co/uMHY4lodDs
danrocks
22 Aug 14 06:41:07
$INTC alot of talk going around about this one $FB $TC $ABX $ARIA $HYG http://t.co/QBMjEqa9Fm
Market News Desk
22 Aug 14 06:04:35
$ARIA: ARIAD to Webcast Conference Call on Second Quarter 2014 Financial Results http://t.co/oK9HM9EQ2K http://t.co/ywlYYagL3V
iHangout
22 Aug 14 02:40:52
http://t.co/l4qmOlz0qf Stock_Tracker: Stock DD Board: Ariad Pharmaceuticals (ARIA) 5.90 $ARIA 5 Stocks http://t.co/F99S1qjefW
Business Headlines
21 Aug 14 21:04:28
$ARIA: Why Ariad Pharmaceuticals (ARIA) Stock Is Down Today http://t.co/OOMnbCbV6j http://t.co/fOZhTWxzE5
Colin Macleod
21 Aug 14 20:16:03
August 21 2014 Chart Patterns: Channel Down http://t.co/9d3wcxJQ28 $ARIA $JNPR $GNC $LPX $EDU $TIBX $CGA $AEGR
Colin Macleod
21 Aug 14 18:56:57
August 21 2014 Recent Insider Buying http://t.co/fnZyvSZaOl $CLF $FOLD $ARIA $MHR $GNC $OPK $PM $AEGR $ARCC $REXX
Gotham City Capital
21 Aug 14 18:50:47
RT @SolarMelt: $ARIA has a beautiful double bottom, but she's going back down. Overbought, Money Flow Negative, Distribution ...
Solar Melt
21 Aug 14 18:44:24
$ARIA has a beautiful double bottom, but she's going back down. Overbought, Money Flow Negative, Distribution ...
OTPicks.com
21 Aug 14 13:35:09
http://t.co/stbZjDRYAm Jake13: $ARIA Barchart Opinion Click here to find out if: Jake13 http://t.co/fehffFA4oV http://t.co/stbZjDRYAm
Biz Headlines
21 Aug 14 13:04:18
$ARIA: ARIAD PHARMACEUTICALS INC Financials http://t.co/TljHm13Tis http://t.co/srIuHtpY66
Kenneth Meyerson
21 Aug 14 12:47:18
On the minute chart, right before the spike in price, you actually see (as a visual cue) the spike in the money flow. #cool $ARIA
				
				
By  +Follow January 23, 2014 12:57PM
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