Principia jumps after $106.3M IPO

Principia jumps after $106.3M IPO

Source: 
BioCentury
snippet: 

Principia Biopharma Inc. (NASDAQ:PRNB) leaped $15.65 (92%) to $32.65 on Friday, its first day of trading, after raising $106.3 million late Thursday through the sale of 6.3 million shares at $17 in an IPO underwritten by BofA Merrill Lynch, Leerink, Wells Fargo Securities and Baird.