Opinions
David Burrows
Elan Corp.
ELN-N
DON'T BUY
Feb 15, 2002
Questionable accounting practices.
$13.680
Stock price when the opinion was issued
biotechnology
pharmaceutical
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Pet adoption enjoyed a boom during the Covid lockdown. Shares have more than doubled since last year's bottom, including jumping 6% today after an excellent quarterly report. Plus, ELN is getting a boost from rising food prices. Today, they announced a blowout quarter with higher than expected earnings and sales and raised full-year guidance.
biotechnology
pharmaceutical