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ARTICLE | Financial News

PeptiDream up in trading debut

June 13, 2013 12:44 AM UTC

PeptiDream Inc. (Tokyo:4587) closed at Y9,200 on Wednesday, its second day of trading on the Tokyo Stock Exchange's market of the high-growth and emerging stocks (Mothers). The close is a 268% gain from the Y2,500 price at which PeptiDream sold shares in its IPO. According to the company, trading of its shares was halted at Y5,750 in the first day of trading on Tuesday due to the exchange's daily price limits. PeptiDream raised Y5.3 billion ($52.4 million) through the sale of 2.1 million shares in an IPO. ...