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Shares of Amarin (AMRN) Plunge as USPTO Issues Non-Final Rejection for 13/284,408 Patent

February 29, 2012 3:40 PM EST
AMRN Hot Sheet
Overall Analyst Rating:
    BUY (Down Down)

EPS Growth %: -200.0%
Amarin (Nasdaq: AMRN) shares are nosediving Wednesday afternoon as bulls were not able to take the price back over the 200-day SMA. Shares last traded at $8.03, down more than 8 percent from Tuesday's close.

Minutes ahead of the decline, the USPTO disclosed a non-final rejection on Amarin's 13/284,408 patent.


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