NanoString prices follow-on, reports preliminary earnings

Molecular diagnostic company NanoString Technologies Inc. (NASDAQ:NSTG) raised $50 million on July 17 through the sale of 4 million shares at $12.50 in a follow-on underwritten by J.P. Morgan, UBS Investment Bank and Baird.

The price is a 17% discount to NanoString's close of $15.10 on July 16 when it proposed the offering after market hours...