Passage Bio shares soar 19% in their trading debut despite massive market selloff

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Passage Bio shares soar nearly 20% in post-IPO trading debut

Passage Bio Inc. shares PASG, +22.39% soared 19% in their trading debut Friday, after an initial public offering that priced at the top end of the $16 to $18 price range. Despite the turmoil in the market this week, the company upsized the deal to 12 million shares from 10 million, raising $216 million. Proceeds will be used to fund clinical development of therapies for rare, monogenic central nervous system disorders.

#div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pelosi: Stock market’s plunge is ‘disturbing,’ Trump ‘silly’ to pin fall on Democratic debateHouse Speaker Nancy Pelosi on Thursday expressed concern about the stock market’s coronavirus-driven selloff and the California Democrat also criticized President Donald Trump’s analysis of the market’s action. Nobody cares what that American hating woman thinks! How this woman is still in charge is amazing. Dems have many issues. She should go talk to “silly” gundlach then
Source: MarketWatch - 🏆 3. / 97 Read more »

Here's the pitch deck that convinced Oliver Wyman's founder to back Trad3r - Business InsiderGaming app Trad3r lets users play a simulated stock market in real-time. We got a look at the pitch deck that convinced the founder of $2 billion consultancy Oliver Wyman to invest.
Source: BusinessInsider - 🏆 729. / 51 Read more »