Gener8 raised $210m from its float, which saw shares printed at $14 each – down from the $17 to $19 per share range it was initially targeting.
The stock hit a low of $12.75 in morning trading today, and was still down over 8% at $12.86 a piece at the time of writing.
In the first few hours 3.75 million shares have traded on a day when the Dow Jones showed a modest climb.
Erik
