ARTICLE | Financial News

XenoPort proposes follow-on

December 9, 2010 12:10 AM UTC

XenoPort Inc. (NASDAQ:XNPT) said late Wednesday it plans to sell 4 million shares in a follow-on underwritten by Morgan Stanley; RBC; and Wedbush. If sold at Wednesday's close of $7.76, XenoPort would raise $31 million. XenoPort was up $0.01 on the day. ...