Lantheus rises after $65M IPO

Lantheus Holdings Inc. (NASDAQ:LNTH) gained $0.77 (13%) to $6.77 in its first day of trading Thursday after it raised $65 million through the sale of 10.8 million shares at $6 in an offering underwritten by Credit Suisse; Jefferies; RBC Capital Markets; Wells Fargo; and Baird. The IPO price values Lantheus at $176.2 million.

Last week, Lantheus said it hoped to sell 7.9 million shares at $8.50-$10.50. A sale of that many shares at $9.50 would have raised $75 million and valued the company at $251 million. ...