Sarissa Capital Issues Statement Saying It Believes Amarin Stock Is 'Meaningfully Undervalued' And Says 'We remain long-term shareholders and have been purchasing shares at these depressed prices, as will be detailed in tomorrow's 13D filing'
Portfolio Pulse from Benzinga Newsdesk
Sarissa Capital has publicly stated that they believe Amarin Corporation's stock (AMRN) is significantly undervalued. Sarissa Capital, which is a long-term shareholder of Amarin, has been buying more shares at the current low prices. Details of their recent share purchases will be disclosed in an upcoming 13D filing.
December 04, 2023 | 9:25 pm
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Sarissa Capital, a long-term investor in Amarin, has been acquiring additional shares, believing the stock is undervalued. The extent of their purchases will be revealed in a 13D filing.
Sarissa Capital's statement and actions suggest a strong vote of confidence in Amarin's value, which could influence other investors to view AMRN as an attractive investment. The anticipation of the 13D filing may lead to increased investor interest and potentially a short-term increase in stock price.
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