Legend Biotech Heads Into Monday After a Rough Week, ASCO in Focus
Legend Biotech shares fell 3.89% Friday to $27.16, down 7.5% for the week, ahead of a Sunday investor event at the ASCO cancer conference. The company plans to present early Phase 1 data for its experimental CAR-T therapy LB2102 and updates on CARVYKTI. Investors are watching for potential stock movement when markets reopen Monday. CARVYKTI sales rose 62% year-on-year to $597 million in Q1.