10:16 PM
Sep 25, 2018
 |  BC Extra  |  Financial News

Entasis dips in first trading day after $75M IPO

Editor's Note: This article was updated on Sep 26, 2018 at 7:27 AM PDT

Entasis Therapeutics Holdings Inc. (NASDAQ:ETTX) slipped $4.34 (29%) to $10.66 on Wednesday after it raised $75 million through the sale of 5 million shares at $15 in its IPO.

The offering price valued Entasis at $195.1 million. Entasis priced below its proposed range, but upsized the...

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