LEGN Legend Biotech Corp

NEUTRAL Impact: 4/10 6-K
Horizon days Filed May 21, 2026 Processed 24d 12h ago SEC 0001171843-26-003622
Notable filing: 6-K
Latest settled — T+5d ⚠ clustered
LEGN ▼ -13.14% at T+5d
NEUTRAL call ✗ call lost -13.14% · α vs SPY -14.80% · entry $29.37 → $25.51
Next anchor: T+20d in 7d
Last close $35.87 (close Jun 12) · +22.13% from $29.37 entry
Entry anchored
May 21, 2026
via day open
T+1d
+0.54%
call +0.54% · α -0.04%
$29.53
settled 24d ago
T+5d
-13.14%
call -13.14% · α -14.80%
$25.51
settled 17d ago
T+20d
call — · α —
in 7d
T+60d
call — · α —
in 2mo

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Executive Summary

Legend Biotech announced it will present preliminary Phase 1 data for LB2102 (DLL3-targeted CAR-T in solid tumors) as a rapid oral presentation at ASCO 2026, along with new CARVYKTI subgroup analyses. This is a routine pipeline update with no financial data or regulatory catalysts — the LB2102 data is early-stage and the CARVYKTI presentations are incremental. The filing is a standard 6-K press release with no material financial impact.

Actionable Insight

Monitor the LB2102 Phase 1 data at ASCO on May 31 for early efficacy/safety signals in solid tumors — positive data could drive a 5-10% move. The CARVYKTI subgroup analyses are incremental and unlikely to move the stock. The investor webcast may provide qualitative commentary on commercial trends.

Key Facts

  • Preliminary Phase 1 data for LB2102 (DLL3 CAR-T in SCLC/LCNEC) will be presented as a rapid oral presentation at ASCO 2026 on May 31.
  • New CARTITUDE-4 cytogenetic subgroup analysis and IEC-EC incidence analysis from CARVYKTI trials will be presented as posters.
  • CARVYKTI is commercially available in 18 countries and has treated over 10,000 patients.
  • Legend Biotech will host an investor webcast on May 31 at 6:15 p.m. CT.
  • No financial results, guidance changes, or regulatory decisions were disclosed.

Financial Impact

No financial figures disclosed. Pipeline update with no revenue or earnings impact.

Risk Factors

  • LB2102 is early-stage (Phase 1) with no guarantee of efficacy in solid tumors.
  • CARVYKTI safety profile includes boxed warnings for CRS, neurotoxicity, and secondary malignancies — any new safety signals at ASCO could be negative.
  • No financial data or guidance in this filing — limited near-term catalyst.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
88% bullish (24 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
6-K Filing (Primary)0001171843-26-003622
Document: f6k_052126.htm0001171843-26-003622
Document: 0001171843-26-003622-index-headers.html0001171843-26-003622
Document: 0001171843-26-003622-index.html0001171843-26-003622
Document: 0001171843-26-003622.txt0001171843-26-003622
12 reports for LEGN
Performance horizon
78% Hit rate 7 of 9 directional calls best @ T+60▲ +83.95%Mar 10, 2026
Filters
Rows
Reports for LEGN — sortable, filterable
Type Now
Jun 14, 2026
1d ago
Press Release
BULLISH ★ 7/10
awaiting T+1
Jun 2, 2026
12d ago
6-K
BULLISH ★ 7/10
$36.28 $35.98▼ −0.83%▼ −0.13%$35.87 (−1.13%)
Jun 2, 2026
12d ago
Press Release
BULLISH ★ 7/10
$36.28 $35.98▼ −0.83%▼ −0.13%$35.87 (−1.13%)
Jun 1, 2026
13d ago
6-K
BULLISH ★ 6/10
$25.51 $36.28▲ +42.22%▲ +42.07%$35.87 (+40.61%)
Jun 1, 2026
13d ago
Press Release
BULLISH ★ 6/10
$25.51 $36.28▲ +42.22%▲ +42.07%$35.87 (+40.61%)
May 21, 2026
24d ago
6-K
NEUTRAL ★ 4/10
$29.37 $29.53▲ +0.54%▼ −0.04%$35.87 (+22.13%)
May 21, 2026
24d ago
Press Release
BULLISH ★ 7/10
$29.37 $29.53▲ +0.54%▼ −0.04%$35.87 (+22.13%)
May 12, 2026
4w ago
6-K
BULLISH ★ 7/10
$28.26 $28.67▲ +1.45%▲ +0.88%$35.87 (+26.93%)
May 12, 2026
4w ago
Press Release
BULLISH ★ 7/10
$28.26 $28.67▲ +1.45%▲ +0.88%$35.87 (+26.93%)
Apr 28, 2026
6w ago
Press Release
NEUTRAL ★ 2/10
$23.56 $22.77▼ −3.35%▼ −3.34%$35.87 (+52.25%)
Showing 10 of 12

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