9:31 AM
Nov 02, 2017
 |  BC Extra  |  Financial News

Spero sags after $77M listing

Spero Therapeutics Inc. (NASDAQ:SPRO) sank $2.50 (18%) to $11.50 on Thursday after raising $77 million through the sale of 5.5 million shares at $14 in an IPO underwritten by BofA Merrill Lynch, Cowen, Stifel and Oppenheimer. The price, which was at the bottom end of Spero's proposed range, valued...

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