WCG Clinical, which provides ethical reviews and other clinical trial services to biopharmaceutical companies, has postponed its planned $720 million initial public offering, sources say. The offering was scheduled to wrap on Thursday, with the company poised to offer 45 million shares at a range of between $15 and $17 each.
It's not clear at this time why WCG has pumped the brakes on the deal.
We'll update this page as new information becomes available.
Once WCG Clinical goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy WCG Clinical stock.
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