Calyxt Inc. shares soar in gene-editing company’s market debut

Shares of Calyxt Inc. were soaring 12% Thursday in the gene-editing company’s debut on the Nasdaq. The company priced at $8 a share, the low-end of an already reduced price range, but shares were climbing above that Thursday, trading around $10.77. The company sold 7 million shares, an increased number of shares from previous IPO terms, to raise $56 million. Citigroup, Jefferies and Wells Fargo Securities were the lead underwriters on the offering.

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