Lantheus Exit: $28 Million Sale Comes as Earnings Fall 77% Year Over Year
The move suggests that shrinking margins, leadership turnover, and a shifting product mix are quietly reshaping the Lantheus investment case.New York City-based Nitorum Capital fully exited its stake in Lantheus Holdings (LNTH 2.38%), selling 344,444 shares with an estimated transaction value of $28.2 million, according to a November 14 SEC filing.What HappenedNitorum Capital disclosed in a November 14 SEC filing that it sold its entire holding in Lantheus Holdings (LNTH 2.38%) during the third quarter. The ...