adro – Scalper1

Etsy, Virtu Price High As IPOs Finally Wake Up

The 2015 IPO market is finally starting to pick up the pace after a relatively sleepy start. Etsy (ETSY), an e-commerce site for handmade goods and vintage items, was one of three notable initial public offerings that priced high in their expected ranges late Wednesday. That followed three biotech IPOs making their debuts Wednesday, including Aduro Biotech (ADRO), which more than doubled. Etsy sold 16.7 million shares at $16 a pop, raising $267

Biotech IPOs Ignite As Aduro Doubles On First Day

Aduro Biotech (ADRO) soared on its initial public offering, one of three biotech IPOs Wednesday. Aduro, a developer of cancer immunotherapy treatments, priced at 17 and opened at 32. It raised $119 million, pricing 7 million shares at 17. The stock was trading up 113% to 36.25 in afternoon trading on the stock market today . Existing shareholders in Aduro include a venture capital unit of Johnson & Johnson (JNJ). The group, called Johnson & Johnson