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Muscular dystrophy drug developer PepGen stock jumps 10% following $108M IPO

May 06, 2022 2:35 PM ETPEPGBy: Val Brickates Kennedy, SA News Editor

Initial public offering hologram, night panoramic city view of Bangkok. The financial center for multinational corporations in Asia. The concept of boosting the growth by IPO process. Double exposure.

2d illustrations and photos/iStock via Getty Images

PepGen (PEPG) stock jumped 10% in afternoon trading Friday following the biotech company’s $108M initial public offering.

Shares of PEPG opened at $15.60, hitting a high of $16.99 before slipping to a low of $11.50 mid-morning. The

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