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Seres Therapeutics (MCRB) IPO Down 17% after Friday's 180% Surge

June 29, 2015 10:03 AM EDT

Last week's red hot IPO for Seres Therapeutics (NASDAQ: MCRB) is under heavy pressure Monday. After pricing at $18 and closing its first day of trading up 180% to $51.40, shares are down 17.6% to $42.35 today.



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