Stocks to Watch: Jacobs Solutions, Argenx

Dow Jones
11 Apr

By Connor Hart

Jacobs Solutions disclosed post-closing adjustments stemming from a transaction it completed with Amentum last year. The Dallas company received $70 million and the right to receive nearly 7.3 million shares of Amentum's common stock. Jacobs used the money to repay a portion of debt and plans to distribute Amentum's stock to its shareholders. Shares up 6.9%, to $122.80, in after-hours trading.

Argenx received approval from the Food and Drug Administration for a new delivery method of its treatment for certain patients with a rare autoimmune disease. The approval of the treatment, Vyvgart Hytrulo, in a prefilled syringe for self-injection is supported by data from studies evaluating its bioequivalence to the treatment in a vial, the immunology company said. The prefilled syringe is approved as a 20-to-30-second subcutaneous injection administered by a patient, caregiver or healthcare professional. American depositary receipts rise 6.2%, to $580, in post-market trading.

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

April 10, 2025 19:29 ET (23:29 GMT)

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