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ARTICLE | Financial News

AnaptysBio raises $75M in upsized IPO

January 27, 2017 12:19 AM UTC

AnaptysBio Inc. (NASDAQ:ANAB) gained $2 to $17 in its first day of trading Thursday after raising $75 million through the sale of 5 million shares at $15 in an IPO underwritten by Credit Suisse, Stifel, JMP Securities and Wedbush PacGrow. The deal values AnaptysBio at $287.4 million.

Last week, AnaptysBio said it hoped to sell 4 million shares at $14-$16...