T2 Biosystems Announces Pricing of Initial Public Offering

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Go back to T2 Biosystems Announces Pricing of Initial Public Offering

T2 Biosystems (TTOO) IPO Surges Higher after Weak Pricing

August 7, 2014 11:04 AM EDT

Today's IPO for T2 Biosystems (NASDAQ: TTOO) opened for trading at $15.95 after pricing 5,200,000 shares of common stock at a public offering price of $11.00 per share, well below the expected $15-$17 range. The IPO size was increased from 4,000,000 shares.

Goldman, Sachs & Co. and... More