Synergy Pharmaceuticals (SGYP -11%) takes a big hit after pricing its public offering of 16.375M...

|About: Synergy Pharmaceuticals, Inc. (SGYP)|By:, SA News Editor

Synergy Pharmaceuticals (SGYP -11%) takes a big hit after pricing its public offering of 16.375M shares at $5.46, an 8.5% discount to yesterday's close. The sale generated round $90.1M in gross proceeds.