Exact Sciences raises $53.6 million

Diagnostic company Exact Sciences Corp. (NASDAQ:EXAS) raised $53.6 million through the sale of 5.5 million shares at $9.75 in a follow-on underwritten by Jefferies; Baird; William Blair; and JMP Securities. The company proposed the offering Tuesday, when its share price was $10.29. On Wednesday, the stock fell $0.24 to $10.05. ...