Jan. 26 at 6:25 PM
$AMRN Reminder: Alex Denner / Sarissa Capital effectively took control of Amarin in Feb–Mar 2023 after winning the special meeting and forcing multiple board resignations.
Stock was ~
$2.00/share at the time.
Today, on a split-adjusted / comp-adjusted basis, it trades around
$0.78 — down ~61% over the period he’s been in control.
I was fully convinced he was the right activist for this situation. At this point, the numbers don’t support that thesis.