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Securities

Sep. 30, 2010

Biotech IPO Starts Small but Looks Up

Amyris Inc.'s initial public offering came in lower than anticipated, but the company's stock rose higher in its first full day of trading.

By Mandy Jackson

Daily Journal Staff Writer

Amyris Inc.'s initial public offering came in lower than anticipated, but the Emeryville company's stock rose higher on Tuesday, its first full day of trading - a positive sign in a tough market.

The $84.8 million IPO continued a recent trend in which investors are paying less than the target range for the initial shares of biotech firms. Where Amyris differed from many other ...

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