ELAN up 9% - company making changes to board of directors

Shares of Elanco Animal Health Inc (ELAN) are trading 9% higher at a price of $15.285 at the time of this writing. The stock's price action is rapidly outshining it's peers on what is quickly becoming a cheery day for the Health Care sector.

- Scott Ferguson, founder and managing partner of Sachem Head Capital Management LP, is stepping down from the Elanco Animal Health Incorporated Board of Directors.
- As one of the company's largest shareholders, Sachem Head will continue to engage with and be a resource for the Board and management team.

Elanco Animal Health Inc has been trading between a 52-week high of $35 and a 52-week low of $13.94. The stock has a market cap of $7.25 Billion.

Elanco Animal Health Incorporated is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders, and society as a whole. With nearly 70 years of animal health heritage, it is committed to helping its customers improve the health of animals in their care, while also making a meaningful impact on its local and global communities. It is driven by its vision of Food and Companionship Enriching Life and our Elanco Healthy Purpose™ Sustainability/ESG Pledges - all to advance the health of animals, people and the planet.