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Intercept Pharmaceuticals (ICPT) Prices IPO at $15 Per Share

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Intercept Pharmaceuticals (ICPT) IPO Trades 26% Higher

October 11, 2012 11:39 AM EDT

The IPO for Intercept Pharmaceuticals, Inc., (Nasdaq: ICPT) opened for trading earlier at $19.40 after pricing 5,000,000 shares at $15, the high end of the expected $13-$15 range. Shares currently trade at $18.87.

BofA Merrill Lynch is acting as sole book-running manager for the... More