Foundation Medicine is planning to go public on Wednesday 25, 2013. The price was set at $18 which was above the range of $14 to $16. Goldman is the lead underwriter. We expect this to be a successful IPO.
Disclosure: I am long FMI.
Additional disclosure: Investors should read the S-1 and consult with their financial adviser before making any decisions. This article was written for informational purposes.