Loxo raises $66.3 million in follow-on

Loxo Oncology Inc. (NASDAQ:LOXO) raised $66.3 million through the sale of 2.5 million shares at $26.50 in a follow-on underwritten by Citigroup, Cowen, Stifel, Oppenheimer and Trout Capital. The company proposed the offering after market close on Tuesday, when its shares were valued at $26.75. Loxo, which priced the deal after market close Wednesday, added $1.19 to $27.94 on the day. ...