Comment on Intersect's first day on the market is nothing to sneeze at

Intersect's first day on the market is nothing to sneeze at

Nasal implant developer Intersect ENT Inc. blew away its IPO. The Menlo Park company's (NASDAQ: XENT) stock gained more than 17 percent in its first day on the market, finishing near the top of its IPO price range. One of the few initial public offerings by a life sciences company with an actual medical product for sale, Intersect sold 5 million shares at $11 each.

 

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