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Home » Silk Road $120M IPO soars 80% on its brain-protective, stroke prevention stent system
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Silk Road $120M IPO soars 80% on its brain-protective, stroke prevention stent system

April 5, 2019
By Stacy Lawrence
Silk Road Medical Inc. has raised $120 million in an initial public offering that then proceeded to climb by more than 80% in its first day of trading. The Sunnyvale, Calif.-based company priced 6 million shares at the top of its stated range at $20 each; initial trading on April 4 (NASDAQ:SILK) pushed the stock price above $36.
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