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Penumbra (PEN) raised $120 million in an upsized initial public offering late Thursday, with shares pricing above its estimated range. The medical device maker offered 4 million shares, above previous plans of 3.8 million, according to research firm IPOboutique.com. Shares priced at 30, above its estimated range of 25 to 28. Penumbra makes and markets a range of medical devices “that addresses challenging medical conditions and significant Scalper1 News
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