Bayer-Backed Boundless Bio Falls 9% After $100 Million IPO
Shares of Boundless Bio Inc., a cancer therapeutics maker that counts Bayer AG among its largest investors, fell 9% after raising $100 million in a US initial public offering.
Shares of Boundless Bio Inc., a cancer therapeutics maker that counts Bayer AG among its largest investors, fell 9% after raising $100 million in a US initial public offering.
President Luiz Inacio Lula da Silva intends to issue a provisional measure next week designed to lower Brazil’s electricity prices through the securitization of payments owed by the country’s largest power generation company, according to an official familiar with the plan.
Emerging-market currencies fell for a second day Thursday, on track for the lowest close since Feb. 14, amid thin trading ahead of the Easter holiday in the Americas and the end of the quarter.
A coal plant operator in Germany has warned that it’s unprofitable to put power stations on standby to help keep the lights on for the next few years, as requested by the nation’s regulator.
S&P Global Ratings lowered Altice France SA’s credit rating, adding further pressure on the collateralized loan obligations holding the debt.
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