Legend Biotech ADSs Fall After Company Announces Public Offering

Dow Jones06-18

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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