UC Berkeley-linked cell biology technology developer Berkeley Lights floated in a $178m offering and its shares almost tripled in price on their first day of trading.

Berkeley Lights, a US-based digital cell technology provider based on research at University of California, Berkeley, raised over $178m in its initial public offering on Friday. The company increased the number of shares in the offering from 7.4 million to 8.1 million and priced them at $22.00 each, well above the $16 to $18 range…

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