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Why Amarin Stock Is Sinking Today | The Motley Fool

Author Bio Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries. Follow @keithspeights What happened Shares of Amarin (NASDAQ:AMRN) were 10.4% lower as of 11:20 a.m. EDT on Tuesday. The decline came after the drugmaker announced that John Thero plans to retire as president and CEO effective Aug. 1. So what It s not unusual for changes at the CEO level to cause a biotech stock to fall, especially when the CEO s departure is unexpected. But in this case, there don t appear to be any yellow flags with Thero stepping down.

Karim mikhailJohn theroகரீம் மிகைல்ஜான் தேரோ

Danaher, Novocure rise; Amarin, American Airlines fall

Danaher, Novocure rise; Amarin, American Airlines fall by The Associated Press Last Updated Apr 13, 2021 at 4:44 pm EDT Stocks that traded heavily or had substantial price changes Tuesday: TransDigm Group Inc., down $5.31 to $618.33. The aircraft parts maker is selling its Technical Airborne Components business to Searchlight Capital Partners. Fastenal Co., down 73 cents to $49.98. The distributor of nuts, bolts and screws told investors that it is seeing rising pressure on costs. Danaher Corp., up $8 to $242.84. The industrial and medical device maker gave investors an encouraging first-quarter revenue update. Amarin Corp., down 76 cents $5.08. The biopharmaceutical company said CEO John F. Thero is retiring and will be replaced by Karim Mikhail.

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iShares NASDAQ Biotechnology Index Fund (NASDAQ:IBB), ACADIA Pharmaceuticals Inc (NASDAQ:ACAD) - The Daily Biotech Pulse: Leadership Transition At Amarin, Vaccine Setback For J&J, FDA Nod For Label Expansion of Roche s Asthma Drug

iShares NASDAQ Biotechnology Index Fund (NASDAQ:IBB), ACADIA Pharmaceuticals Inc (NASDAQ:ACAD) - The Daily Biotech Pulse: Leadership Transition At Amarin, Vaccine Setback For J&J, FDA Nod For Label Expansion of Roche s Asthma Drug
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Danaher, Novocure rise; Amarin, American Airlines fall

Danaher, Novocure rise; Amarin, American Airlines fall
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Amarin Announces CEO Succession Plan

Amarin Announces CEO Succession Plan
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