logo  
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

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

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

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.


Liked What You Read? Join Equities.com and Connect With Your Favorite Financial Experts FOR FREE! Members of Equities.com gain access to our leading financial news and content, active social investment community, proprietary research tools including the 2014 Small-Cap Stars, E.V.A. reports and more.

Results for ARIA
J. D.
3 Mar 15 20:38:07
@The_Real_Fly $ARIA if they finally get it together
PolgarStocks
3 Mar 15 18:54:13
$ARIA Filings Updated Tuesday, March 3, 2015 9:07:33 PM $OIH $EC $KO $EWJ http://t.co/n4wXjUrtbN
Rosner Stocks
3 Mar 15 17:57:08
$JNK Opinions Updated Tuesday, March 3, 2015 8:43:32 PM $XLE $ARIA $BBRY $MU http://t.co/bQeaQJ3d3i
Langan Stocks
3 Mar 15 17:55:11
$ARIA Short Sales Updated Tuesday, March 3, 2015 8:47:26 PM $HON $COP $BIDU $BORN http://t.co/UorahOOt25
Langan Stocks
3 Mar 15 17:55:10
$GDP News Updated Tuesday, March 3, 2015 8:47:26 PM $ARIA $NOC $XLP $NBG http://t.co/aaGpeshpG3
Sam
3 Mar 15 17:07:11
A few more of interest: $AMBA $ADXS $AAL $AMGN $AMZN $ARIA $ARRY $ASHR http://t.co/bh923uwZvq http://t.co/V0biGZbeve
Rosner Stocks
3 Mar 15 16:55:39
$ARIA Reviews Updated Tuesday, March 3, 2015 6:59:25 PM $NEM $UCO $AMRN $SLV http://t.co/MqOCh2QlCa
IH News Desk
3 Mar 15 16:52:40
$ARIA Short Sales Updated Tuesday, March 3, 2015 7:11:13 PM $PBR $DXJ $LL $AMZN http://t.co/6RGOmoQcki
Katsu
3 Mar 15 16:37:19
crazy vol $OREX glad i made more $$ on log side than short. somehow when $OREX $ARIA $KERX run, they move very similar way
Sourcingstocks.com
3 Mar 15 16:23:46
buy $ARIA on any weakness - me thinks @ http://t.co/gzsN19yiFD
Chasing Stars
3 Mar 15 16:13:53
$GLD Day Low Click Here: http://t.co/1PYKKf1CXO Also See: $EYES $ARIA $GOOGL $URPIX ~
Hostgator Coupon
3 Mar 15 14:49:44
RT @adamfeuerstein: . @shitpebbssays $ARNA $AMRN $ARIA $MNKD - Same script, same mistakes. People let emotion cloud their investment decisi…
World Music News
3 Mar 15 14:29:34
RT @adamfeuerstein: . @shitpebbssays $ARNA $AMRN $ARIA $MNKD - Same script, same mistakes. People let emotion cloud their investment decisi…
Drew Hathaway
3 Mar 15 14:28:18
RT @adamfeuerstein: . @shitpebbssays $ARNA $AMRN $ARIA $MNKD - Same script, same mistakes. People let emotion cloud their investment decisi…
Jean-François Musy
3 Mar 15 14:24:28
RT jimcramer "RT adamfeuerstein: . shitpebbssays $ARNA $AMRN $ARIA $MNKD - Same script, same mistakes. People let emotion cloud their inves…
Jim Cramer
3 Mar 15 14:23:46
RT @adamfeuerstein: . @shitpebbssays $ARNA $AMRN $ARIA $MNKD - Same script, same mistakes. People let emotion cloud their investment decisi…
Stockaholics
3 Mar 15 14:13:49
Our Stock Alerts Have Gained Over 400% In The Past 5 Weeks! Huge News: http://t.co/knvfKjggSa $FASC $ARIA $TUCN
Adam Feuerstein
3 Mar 15 13:50:44
. @shitpebbssays $ARNA $AMRN $ARIA $MNKD - Same script, same mistakes. People let emotion cloud their investment decisions. Happens often.
Investors Hangout
3 Mar 15 13:32:27
$ARIA Market Cap Click Here: http://t.co/PqoSD84Yi2 Also See: $BAC $FXF $MYEC $UWTI ~
dailystockplays.com
3 Mar 15 13:19:37
NR7 ID Stocks For 3/4/15 http://t.co/ubFbi3nAo3 $ARUN $UCO $ODP $OWW $SPLS $GGB $EBAY $MPC $IGT $ARIA $DUK $LOW $HFC $IBM $SPN $TMUS $PSX
Russell Barbour
3 Mar 15 13:02:15
51% profit Super win! $CRMD momentum trade: http://t.co/qM5oWhbLjM $ARIA $GREK $CYBR $MBLY $SPPI $NDLS $PANW $HACK
Chayton Falke
3 Mar 15 12:40:08
#Russell2000 #recent #market #exit #2: Sold $ARIA long for a 25.27% #gain in 16 days. #ARIA #forex #trading #stocks
Omid
3 Mar 15 11:26:27
LONG $twtr $scss $aria $bebe $vxx
Raymond Mooney
3 Mar 15 11:19:32
Losing patience with $ARIA
Extreme Stocks
3 Mar 15 10:07:32
lookn4wins: ARIA -1.25% Stock Charts $ARIA Ariad http://t.co/oxj7ZOVbnY
lookn4wins
3 Mar 15 09:53:52
ARIA -1.25% Stock Charts $ARIA Ariad Pharmaceuticals Inc. (NASDAQ) Any opinions on ARIA? Please reply to this http://t.co/LpHlBfsM1O
Market Int Center
3 Mar 15 09:41:32
Ariad Pharmaceuticals $ARIA Trading Near $7.65 Support Level ( http://t.co/umt9adv8PX )
Stock Rocket
3 Mar 15 09:24:04
Our Penny Stock Pick On $BYSD Gained Another 80% Today! Get Our New Pick Early: http://t.co/E259yKbTSj $FASC $ARIA $TUCN
Sourcingstocks.com
3 Mar 15 09:07:10
$ARIA still way better than $ONCY, $GENE or $BIOC if you want stay in small #biotech plays @ http://t.co/VP90FEsOy6
Sourcingstocks.com
3 Mar 15 08:42:49
$CYCC and $ARIA are ticking down with the other #biotechs @ http://t.co/Y9M91PIQ4v - #cooked
Thomas Collins
3 Mar 15 07:33:19
$ARIA Why Ariad Pharmaceuticals, Inc. Stock Soared Higher Today http://t.co/pDS3lFdTbT
John Smith
3 Mar 15 07:06:26
$AEZS surging 15% . #Euro #cncb #jimcramer $gsk $shpg $azn $c #investing #money #biotech $eglt $aria $kerx
John Smith
3 Mar 15 07:03:58
$aezs surging!!!!! . #Euro #cncb #jimcramer $gsk $shpg $azn $c #investing #money #biotech $eglt $aria $kerx
Samuel Brown
3 Mar 15 07:02:36
$ARIA Early Briefing on Biotech Industry Stocks -- ARIAD Pharma, Array BioPharma ... http://t.co/G0S9Lq0Rbj
Like2trade
3 Mar 15 06:31:34
$MNKD Bear Trap! 4 Biotechs Expected to See Huge Buying on PowerShares Rebalance http://t.co/Xt33Ym8WPc $ARIA $ibb $eyes $ibb
Like2trade
3 Mar 15 06:26:06
$MNKD Bear trap!!! "this is where the fun begins!" $eyes $aria $onvo $IBB
Chayton Falke
3 Mar 15 06:15:02
Top Twenty Recent Exits #9: Sold $ARIA long for a 25.27% gain in 16 days. #trading #ARIA #forex #stocks
Like2trade
3 Mar 15 06:07:59
$EYES $aria check out mnkd this morning. nice bear trap in progress.
The Legacy News
3 Mar 15 05:56:14
Ariad Pharmaceuticals Given Consensus Rating of “Hold” by Brokerages $ARIA http://t.co/djBZ5bgLM5
StockNewsWires
3 Mar 15 05:36:04
$OCN $ARIA $BIOS: Market Buzz: BioScrip Inc (NASDAQ:BIOS), Ocwen Financial ...: http://t.co/GZBhujPThN
Charles G. Koonitz
3 Mar 15 03:10:22
$ARIA Should rebound on support at $7.85 http://t.co/mOop38f5j8
Chayton Falke
3 Mar 15 02:40:07
#Russell2000 #recent #market #exit #2: Sold $ARIA long for a 25.27% #gain in 16 days. #ARIA #forex #trading #stocks
Stockaholics
3 Mar 15 01:52:48
Our Penny Stock Pick On $THCZ Has Continues To See Gains! Special Update: http://t.co/ZH4BZ571Gt $FASC $ARIA $TUCN
Breaking News
3 Mar 15 00:41:05
$ARIA: Insider Transaction Update: ARIAD Pharmaceuticals, Inc. President ...: http://t.co/yMNlKCLpnm
DailyStockPicks
2 Mar 15 22:45:41
This $100M market cap #biotech stock has gotten 3 orphan drug designations in 3 weeks $AYI $ARIA $SIVB investors read http://t.co/r6XCUvJp21
Stephen s
2 Mar 15 20:47:14
RT @rosnerstocks: $ARIA Short Sales Updated Monday, March 2, 2015 5:59:27 PM $FXC $C $LQMT $MYEC http://t.co/zKiIB7GPTR
Chayton Falke
2 Mar 15 20:15:01
Top Twenty Recent Exits #9: Sold $ARIA long for a 25.27% gain in 16 days. #trading #ARIA #forex #stocks
Stephen s
2 Mar 15 19:04:11
RT @BoilerWarrior: Why trade alone? Get real time trade alerts from 5 pro traders at http://t.co/iQWRYq6dIh $ARIA $MYEC $SWET
Stockaholics
2 Mar 15 19:03:29
Our Penny Stock Picks Gained Over 342% In 2 weeks! Get Our Next Alerts Early: http://t.co/gfXSFdB4aO $FASC $ARIA $TUCN
Wall Street
2 Mar 15 17:25:30
Why trade alone? Get real time trade alerts from 5 pro traders at http://t.co/iQWRYq6dIh $ARIA $MYEC $SWET
				
				
By  +Follow January 23, 2014 12:57PM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.