Amarin down 21% on higher than normal daily volume

Aug. 22, 2022 2:50 PM ETAmarin Corporation plc (AMRN)By: Jonathan Block, SA News Editor12 Comments

Economic crisis - Financial and business background

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  • Amarin Corp. (NASDAQ:AMRN) shares are down 21% in Monday afternoon trading amid heavy volume.
  • Average daily volume is ~3.7M. As of 02:45 p.m. ET, ~6.6M shares had traded hands.
  • The company has been negatively impacted by generic versions of its fish oil pill Vascepa (icosapent ethyl), leading to declining sales of the brand version.

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