All Clarivate Analytics websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.
Despite pricing its initial public offering (IPO) at the bottom of the range, Achaogen Inc. enjoyed a strong debut Wednesday on the Nasdaq Global Market. Trading under the ticker AKAO, shares opened at $12.85 but quickly moved above the price range, hitting $14.48 by midday before closing at $14.31. Approximately 3.2 million shares changed hands.