Sarepta raises $125 million in follow-on

Sarepta Therapeutics Inc. (NASDAQ:SRPT) raised $125 million through the sale of 5 million shares at $25.25 in a follow-on underwritten by Lazard; Cowen; JMP Securities; Wedbush; and Canaccord. Sarepta proposed the offering late Wednesday, when its stock price was $25.44. On Thursday, the stock was down $0.18 to $25.26. ...