BioCentury
ARTICLE | Financial News

Zafgen raises $96M in IPO; up 23% in trading debut

June 20, 2014 1:21 AM UTC

Obesity company Zafgen Inc. (NASDAQ:ZFGN) jumped $3.75 (23%) to $19.75 in its first day of trading Thursday after raising $96 million through the sale of 6 million shares at $16 in an IPO. The price v...