Amylin Pharmaceuticals (AMLN) Sees Late Day Pressure

May 30, 2012 3:10 PM EDT
Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) sees downside action late in the session. Share are down 3%.

In March the company rejected a $22 share bid from Brisol-Myers (NYSE: BMY), although others are said to come with higher bids.

Today's action suggest some may be dropping out of the bidding, although we haven't seen anything official.


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