HomeMarket NewsActivist Investor Sarissa Capital Calls Out Undervalued Amarin Stock

Activist Investor Sarissa Capital Calls Out Undervalued Amarin Stock

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Sarissa Capital Management, the activist investor that shook Amarin’s board earlier this year, has unleashed a tirade against the perception of Amarin’s (NASDAQ: AMRN) stock being β€œsignificantly undervalued.” This comes despite securing substantial influence in Amarin’s boardroom about nine months ago.

Back in March, Sarissa clinched seven board seats and managed to oust the company’s chairman. As a result, Amarin’s top executive also decided to exit before the end of the month.

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