Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Reuters

Legend Biotech shares jump nearly 61% in U.S. market debut

Shares of Legend Biotech <LEGN.O>, a cell therapy unit owned by Hong Kong-listed Genscript Biotech <1548.HK>, jumped nearly 61% in their stock market debut, signaling strong investor appetite for new listings.

Legend Biotech's stock opened at $37, giving the company a market valuation of $4.79 billion.

Earlier in the day, Legend Biotech raised $423.8 million in its initial public offering of 18.4 million shares after pricing it at $23 per share, above its marketed range of $18 to $20 per American Depositary Share.

(Reporting by Reporting by C Nivedita and Noor Zainab Hussain in Bengaluru; editing by Uttaresh.V)

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Missouri churchgoers are stunned as connections between their pastor and Jeffrey Epstein’s private island come to light

Missouri churchgoers are stunned as connections between their pastor and Jeffrey Epstein’s private island come to light

A Missouri pastor just found herself suspended after her church discovered she previously managed Jeffrey Epstein’s private island. Bishop Robert Farr of the Missouri Conference of The United Methodist Church placed Rev. Stephanie L. Remington on leave last Thursday, March 13, pending a review by the episcopal office.

A suspect dressed as a ’70s comedy icon is accused of murdering an elderly millionaire in California

A suspect dressed as a ’70s comedy icon is accused of murdering an elderly millionaire in California

In a strange murder investigation out of Southern California, in mid-March, authorities found Demetrius Doukoullos, a 92-year-old millionaire real estate developer, dead and decomposing inside his Hermosa Beach home.

We Got This Covered

Director of National Intelligence leaves imminent threat calls to Trump’s discretion

Director of National Intelligence leaves imminent threat calls to Trump’s discretion

Sen. Jon Ossoff from Georgia asked a few crucial questions of Director of National Intelligence Tulsi Gabbard about matters of security and the alleged “imminent threat” posed by Iran. Gabbard’s responses raise concerns about her overall competence for her role.

Cuba readies for first Russian oil shipment of the year as energy crisis deepens

Cuba readies for first Russian oil shipment of the year as energy crisis deepens

Cuba is preparing to receive its first shipment of Russian oil this year, just days after the government announced it was operating on natural gas, solar power and thermoelectric plants as severe power outages continue to hit an island whose power grid is crumbling

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Nancy Guthrie Update: Police Asked Neighbors About Surveillance Footage From Two Key Dates

Nancy Guthrie Update: Police Asked Neighbors About Surveillance Footage From Two Key Dates

Police investigating missing Arizona grandmother Nancy Guthrie ask neighbors for surveillance footage from Jan. 11 and 24, seeking vehicles or suspicious activity tied to her suspected abduction.

International Business Times

Immigration judge denies asylum claim for Liam Conejo Ramos and his family

Immigration judge denies asylum claim for Liam Conejo Ramos and his family

Attorney says family of detained preschooler is ‘very disappointed’ with ruling and is appealing to federal board

The Guardian - US

Related Stories

Top stories on inkl right now

Missouri churchgoers are stunned as connections between their pastor and Jeffrey Epstein’s private island come to light

Missouri churchgoers are stunned as connections between their pastor and Jeffrey Epstein’s private island come to light

A Missouri pastor just found herself suspended after her church discovered she previously managed Jeffrey Epstein’s private island. Bishop Robert Farr of the Missouri Conference of The United Methodist Church placed Rev. Stephanie L. Remington on leave last Thursday, March 13, pending a review by the episcopal office.

A suspect dressed as a ’70s comedy icon is accused of murdering an elderly millionaire in California

A suspect dressed as a ’70s comedy icon is accused of murdering an elderly millionaire in California

In a strange murder investigation out of Southern California, in mid-March, authorities found Demetrius Doukoullos, a 92-year-old millionaire real estate developer, dead and decomposing inside his Hermosa Beach home.

We Got This Covered

Director of National Intelligence leaves imminent threat calls to Trump’s discretion

Director of National Intelligence leaves imminent threat calls to Trump’s discretion

Sen. Jon Ossoff from Georgia asked a few crucial questions of Director of National Intelligence Tulsi Gabbard about matters of security and the alleged “imminent threat” posed by Iran. Gabbard’s responses raise concerns about her overall competence for her role.

Cuba readies for first Russian oil shipment of the year as energy crisis deepens

Cuba readies for first Russian oil shipment of the year as energy crisis deepens

Cuba is preparing to receive its first shipment of Russian oil this year, just days after the government announced it was operating on natural gas, solar power and thermoelectric plants as severe power outages continue to hit an island whose power grid is crumbling

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Nancy Guthrie Update: Police Asked Neighbors About Surveillance Footage From Two Key Dates

Nancy Guthrie Update: Police Asked Neighbors About Surveillance Footage From Two Key Dates

Police investigating missing Arizona grandmother Nancy Guthrie ask neighbors for surveillance footage from Jan. 11 and 24, seeking vehicles or suspicious activity tied to her suspected abduction.

International Business Times

Immigration judge denies asylum claim for Liam Conejo Ramos and his family

Immigration judge denies asylum claim for Liam Conejo Ramos and his family

Attorney says family of detained preschooler is ‘very disappointed’ with ruling and is appealing to federal board

The Guardian - US

Our Picks

Story Behind Celia Walden's Viral 2022 Photo Explained—and Why It Struck a Nerve on Piers Morgan's Show

Piers Morgan storms off Uncensored after HSTikkyTokky shows a 2022 Instagram of Celia Walden, reigniting scrutiny of the manosphere and Morgan's persona.

International Business Times UK

Obama’s portrait was replaced by Trump’s assassination painting, but its new location is what’s setting the internet on fire

The Grand Foyer now has a new centerpiece.

We Got This Covered

Daredevil actor Charlie Cox definitively says he's not in Spider-Man: Brand New Day

Punisher and The Hand may be the only Daredevil characters to show up in Spider-Man: Brand New Day

Cat owner’s $1,500 vet nightmare ends with the most ridiculous diagnosis imaginable

The cat had a perfectly valid reason.

Sarah Michelle Gellar says the Buffy reboot script leak is "not correct" and fans shouldn't read it: "That stuff is really unfortunate"

Sarah Michelle Gellar doesn't want fans to seek out leaks of the canceled Buffy reboot

Kristin Cabot Makes Bomshell Confession About CEO Caught With Her On Coldplay Kisscam, Says She Was Lied To

“There was a big miss on honesty and integrity,” Kristin Cabot said in an interview with Oprah Winfrey.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play