Adaptive Biotech and BridgeBio shares rocket higher on their first day of trade

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Adaptive Biotechnologies Corp. shares rocketed 96% in their first ten minutes of trade Thursday, after the company priced its initial public offering above...

Adaptive Biotechnologies Corp. shares ADPT, +91.75% rocketed 96% in their first ten minutes of trade Thursday, after the company priced its initial public offering above its price range.

meanwhile, soared more than 70% in its trading debut. That company also priced its IPO above the price range, selling 20.5 million shares priced at $17 each to raise $348.6 million. The price range was $14 to $16. The stock is trading on Nasdaq, under the ticker symbol "BBIO."

 

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