Big moves in biotech today as takeout attempts and trial results dominate the headlines. Let's jump right in a take a look at three biotechs posting big gains.
The top performer is easily Ardea Biosciences
AstraZeneca says more (desperately needed) M&A is on the way and investors should hope that means more targeted deals like Ardea. Overpay on one or two late-stage assets, and it's not the end of the world. A big merger, on the other hand, could end disastrously.
Finally we have Amylin
All of the uncertainty brings big moves to biotech stocks, but investors looking for explosive growth don't need to look any further than a health-care company poised to disrupt the current standard of care with its already approved product. Wall Street hasn't found this small cap stock yet, but you can, by downloading our special free report "Discover the Next Rule-Breaking Multibagger." Don't miss out on this limited-time offer and your opportunity to invest in before the market catches on. Access your report -- it's totally free.
David Williamson holds no position in any company mentioned. Check out his holdings and a short bio. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.