Why Amarin Stock Is Sinking Today

Why Amarin Stock Is Sinking Today

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. Amarin has already named his successor: Karim Mikhail, senior vice president and head of commercial for Europe, will take the reins in August.