DATA GRAPHICS | Finance
Dallas TIL play leads Friday IPO trio: Data Byte
Instil, Finch, Connect price NASDAQ IPOs at or above top of range, trade up
March 20, 2021 12:59 AM UTC
Less than three years after its launch, Dallas-based TIL specialist Instil led a trio of NASDAQ debuts late this week.
Shares of Instil Bio Inc. (NASDAQ:TIL) rose 32% to $26.44 after raising $320 million in its IPO. Also rising in their first day of trading were Finch Therapeutics Group Inc. (NASDAQ:FNCH), whose shares climbed 25% to $21.32 after the microbiome company raised $127.5 million, and Chinese inflammation play Connect Biopharma Holdings Ltd. (NASDAQ:CNTB), which brought in $191.3 million...