Rapid diagnostics startup Cue Health raised $200 million in its initial public offering Friday.
As of market close on Monday, Cue was trading on Nasdaq for $18.63 under the ticker symbol “HLTH.” The company sought an offering of 12.5 million shares at $16 each. It was trading as high as $22.55 on Friday.
Cue announced plans to go public in early September, months after it closed a huge $235...