Thursday: 1 Big Winner in Health Care

By Dave Williamson – Jan 23, 2014 at 8:11PM

NYSE: LLY

Eli Lilly

Market Cap

$710B

Today's Change

(-0.54%) -$4.03

Current Price

$746.74

Price as of April 16, 2024, 4:00 p.m. ET

Ariad Pharmaceuticals delivered big for investors today. Is there still time to get in?

On Thursday's edition of Market Checkup, The Motley Fool's health-care focused show for investors, Fool health-care analyst David Williamson sheds some light on what's driving the biggest movers in the health-care space today.

Shares of Ariad Pharmaceuticals (NASDAQ: ARIA) popped 8% today on word from British newspapers that Eli Lilly (LLY -0.54%), and possibly GlaxoSmithKline (GSK -1.36%), were interested in buying the biotech. To David however, the story just doesn't add up. In this segment, he looks at why the deal wouldn't make sense for Eli Lilly or Glaxo, and why he isn't putting a lot of credence behind these reports.

David Williamson has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.