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Amylin shares rise after CEO comments in Reuters interview

Amylin shares rise after CEO comments in Reuters interview

Shares of Amylin Pharmaceuticals, which is under fire from dissident shareholders, rose nearly 14 percent in the two days following a Reuters interview on March 17 with the company’s CEO in which he defended the company’s growth strategy and indicated it was listening to all shareholders as it pulls together its roster of board nominees. Analysts cited the CEO’s reassuring comments as the reason for the gain in the company’s shares.

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