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Shares of San Francisco-based Lyell Immunopharma Inc. , a clinical-stage biotech that is developing T cell therapies for solid tumors, stumbled in their trading debut Thursday, falling 2.2% at last check. The company sold 25 million shares priced at $17 each, the midpoint of its $16- to-$18 price range to raise $425 million.
...read full article on Market Watch