Organic Juice Maker Suja Sinks 15% After $186.7 Million IPO

Suja Life Inc. shares fell 15% in its trading debut after the initial public offering for the maker of organic cold-pressed juices and other nutritional beverages raised $186.7 million.

The company’s shares closed at $17.85 in New York on Thursday, below the IPO price of $21 apiece. The trading gives the company a market value of $689.5 million, based on the outstanding shares in its filings.