UPDATE: Amarin (AMRN) Shares Pop Higher as Real M&A Speculates on Takeover
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(Updated - April 25, 2012 10:57 AM EDT)
Amarin Corp. (Nasdaq: AMRN) shares just jumped about 5 percent higher Wednesday morning on stronger volume. While we are not hearing anything new on the company, traders are likely responding to an earlier report from Bloomberg's Real M&A which suggests Amarin may be a takeover target. Stay tuned for more color on the Bloomberg report.
Amarin Corp. (Nasdaq: AMRN) shares just jumped about 5 percent higher Wednesday morning on stronger volume. While we are not hearing anything new on the company, traders are likely responding to an earlier report from Bloomberg's Real M&A which suggests Amarin may be a takeover target. Stay tuned for more color on the Bloomberg report.
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