Carl Icahn increases stake in Amylin to 7.3%, shares jump 4.7%
Billionaire investor Carl Icahn has increased his stake in the USA's Amylin Pharmaceuticals to 7.3%. Mr Icahn has raised the number of shares he holds in the firm to 10.06 million from 6.9 million, for $276.7 million. The news caused shares of Amylin to jump 4.7% to $21.13 on September 15. However, the stock fell by 0.6% in after-hours trading. The San Diego-based firm saw its net loss widen to $0.47 per share from $0.34 per share in the second quarter of 2008.
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