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KRTX News

US IPO Week Ahead: The IPO market takes its holiday vacation

CMBM

There are no companies scheduled for the holiday week ahead, and we likely won’t see any more IPOs until 2020. Lock-up periods will be expiring for seven companies. On Monday, December 23: Cambium Networks (CMBM). On Tuesday,...read more

Monthly movers: 4 recent biotech IPOs soar more than 100%, 4 drop more than 50%

Karuna Therapeutics logo

Four recent biotech IPOs have soared more than 100% in the last 30 days, while four others have seen their stock prices halved. The highest flyer is June 2019 IPO Karuna Therapeutics (KRTX), up 282% over the past 30 days. In mid-November,...read more

US IPO Weekly Recap: Big biotechs score big as Adaptive soars 142%

ADPT

Eight companies raised $2.1 billion this past week, capping off the US IPO market's largest quarter in five years. The week was split between tech and biotechs, including two in the biotech space that went public at valuations of more than $2.0 billion. Over 10...read more

Schizophrenia biotech Karuna Therapeutics prices IPO at $16 midpoint

Karuna Therapeutics logo

Karuna Therapeutics, a Phase 2 biotech developing therapies for schizophrenia and other CNS disorders, raised $89 million by offering 5.6 million shares at $16, the midpoint of the $15 to $17 range. It had previously filed to offer 4.4 million shares. Karuna...read more