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ARTICLE | Financial News

MyoKardia raises $251.2M in follow-on

March 27, 2019 1:41 PM UTC

Cardiovascular disease company MyoKardia raised $251.2 million in an upsized follow-on priced late Tuesday.

MyoKardia Inc. (NASDAQ:MYOK) sold 4.9 million shares at $51. The price represents a 2% discount to MyoKardia's closing price of $51.87 on Monday, when it proposed after market hours to raise $200 million. MyoKardia shares climbed $0.23 to $52.10 on Tuesday, and then dipped $1.10 to $51 on Wednesday...

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MyoKardia Inc.