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Agile Therapeutics IPO Opens 8% Lower At $5.50

Agile Therapeutics IPO Opens 8% Lower At $5.50

Agile Therapeutics' (AGRX) IPO opened for trading at $5.50 per share, which is 8% lower than the pricing of its initial public offering of 9,166,667 shares of common stock at $6.00 per share. Agile Therapeutics was expecting to offer 4,615,385 shares at a price of $12-$14 per share. In midday trading, shares of the specialty pharmaceutical company recouped earlier losses and were down 0.8% to $5.95.

Agile Therapeutics IPO Opens 8% Lower At $5.50