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Stock impact report

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

Adaptive Biotechnologies Corporation (ADPT)  More Company Research Source: MarketWatch
Last adaptive biotechnologies corporation earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adhc.com
PDF Adaptive Biotech and BridgeBio shares rocket higher on their first day of trade Adaptive Biotechnologies Corp. shares ADPT, +89.70% rocketed 96% in their first ten minutes of trade Thursday, after the company priced its initial public offering above its price range. The life-sciences research and clinical diagnostics company that says data from the immune system is the key to diagnosing and treating diseases, priced its IPO at $20 a share, bove the pricing range it gave early Wednesday of between $18 and $19, which was already a boost from the company's original pricing range of between $15 and $17 a share. Adaptive sold 15 million shares to raise $300 million, and shares are trading on the Nasdaq under the symbol ADPT. The stock of BridgeBio Pharma Inc. BBIO, +58.74% 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. [Read more]
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