10:12 AM
Jul 20, 2018
 |  BC Week In Review  |  Financial News  |  Completed Offerings

Allakos spikes after pricing upsized IPO above range

Allakos Inc. (NASDAQ:ALLK) gained $13.25 (74%) to $31.25 July 19 after it raised $128.4 million through the sale of 7.1 million shares at $18 in an upsized IPO. Goldman Sachs, Jefferies and William Blair are underwriters.

The deal valued Allakos at $728.4 million, including...

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