Legend Biotech ADSs Fall After Company Announces Public Offering

Dow Jones

06/18

By Stephen Nakrosis

The American depositary shares of Legend Biotech were trading lower in the after-hours market, following news the company commenced an underwritten public offering of $225 million of ADSs.

After the bell, the cell therapy company's ADSs were trading 8% lower, at $30.84. The ADSs finished the day's regular session with a gain of less than 1%, closing at $33.52.

Year to date, the company's ADSs have gained over 54%.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

June 17, 2026 17:40 ET (21:40 GMT)

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The ADSs finished the day's regular session with a gain of less than 1%, closing at $33.52. \n\n\n  Year to date, the company's ADSs have gained over 54%. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 17, 2026 17:40 ET (21:40 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}