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Why Amarin Stock Blasted Higher on Friday

Why Amarin Stock Blasted Higher on Friday

An important shareholder is agitating for change at Amarin (NASDAQ: AMRN). On the back of that, the price of Amarin's American depositary receipts (ADRs) shot 15% higher on the day. It was disclosed in the document that Amarin and Sarissa Capital Management (NASDAQ: SRSA), an activist investment firm that holds a more than 6% stake in the company, have held talks about its future.