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Shutterstock Inc.'s shares also closed up 27 percent, at $21.66. The New York-based provider of stock photos and videos sold 4.5 million shares for $17 each -- above its expected range of $13 to $15 -- for $76.5 million in proceeds.
Meanwhile, Intercept Pharmaceuticals raised $75 million, pricing shares at $15 -- the top of its expected range of $13 to $15 -- and selling more shares than expected. The drug developer, also based in New York, develops drugs for chronic liver diseases. Its stock gained 29 percent to $19.40.
Investors also were eager to pick up shares of fellow drug developer Kythera Biopharmaceuticals, whose shares jumped 24 percent to $19.79. The Calabasas, Calif., company raised about $70.4 million, selling 4.4 million shares for $16 each, the top end of its estimated range. It also sold more shares than expected.
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