Rhythm Pharmaceuticals (RYTM) Prices 7.05M Share IPO at $17/Sh

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Rhythm Pharmaceutical (RYTM) IPO Opens Up 37%

October 5, 2017 10:59 AM EDT

Today's IPO for Rhythm Pharmaceuticals, Inc. (NASDAQ: RYTM) opened for trading at $23.21 after pricing 7,050,000 shares of common stock at a public offering price of $17.00 per share, before underwriting discounts.

In addition, Rhythm has granted the underwriters a 30-day option to purchase up to... More