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SpringWorks Opens Above IPO Price

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Springworks Therapeutics, Inc. (NASDAQ: SWTX) made its public debut Friday morning, opening at $24.50 after being priced between $16 and $18 per share.

The company's shares have been listed on the Nasdaq under the ticker symbol "SWTX."

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Springworks Therapeutics IPO: What You Need To Know

Springworks, founded in August 2017, is a clinical-stage biopharma company applying a precision medicine approach to develop medicines for rare diseases and cancer. It has a differentiated portfolio of small molecule targeted oncology product candidates.

JPMorgan, Goldman Sachs, Cowen and Wedbush PacGrow are the underwriters for the offering.

Posted-In: News IPOs

 

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