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Fulgent Genetics Up Slightly In IPO Debut

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Temple City-based Fulgent Genetics , closed its first day on the public markets up slightly, at $9.18 The company priced at $9.00 a share on Wednesday night, and is now trading as FLGT on the NASDAQ Global Market. per share, after debuting at $9.00 per share this morning. in its IPO.

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Fulgent Genetics Poised For IPO On Wednesday

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According to the NASDAQ IPO Calendar, Fulgent is poised to have its IPO on Wednesday, meaning that it most likely will price its IPO tonight after the markets close, if all goes well. Hsieh made his fortune when he sold Cogent to 3M back in 2010, in a $943M deal. Hsieh has two degrees in Electrical Engineering from USC. READ MORE>>.