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Gold Gains 1%; US Home-Builder Sentiment Edges Higher In August
US stocks mixed, S&P 500 drops 0.2%. Dow down 0.34%, NASDAQ up 0.04%. Industrials up 0.2%, consumer staples down 1%. NY Fed's Empire State Index at 20.6.
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Morgan Stanley Maintains Overweight on argenx, Raises Price Target to $1250
argenx Completes Acquisition of Forte Biosciences, Inc.
argenx successfully completed its acquisition of Forte Biosciences for $77.00 per share in cash, adding FB102, a first-in-class anti-CD122 antibody with clinical proof-of-concept in vitiligo and celiac disease. The acquisition expands argenx's immunology portfolio and supports its Vision 2030 strategy to become a leading immunology innovation company by targeting diseases with limited treatment options.
argenx shares are trading higher after UBS upgraded its rating on the stock from Neutral to Buy and raised its price target from $960 to $1400. Also, Wells Fargo maintained its Overweight rating and raised its price target from $1350 to $1415.
Enovix Q2 2026 Earnings Call Transcript
Enovix (NASDAQ:ENVX) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire
Reported Earlier, Enovix Expands US Defense Push With Government-Compliant Drone Batteries Made In South Korea, To Double Drone Battery Production By Mid-2027
Enovix Corporation (NASDAQ:ENVX) ("Enovix"), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, highlighted that its drone and defense battery