Stocks to Watch: Smith & Wesson, Logistic Properties of the Americas, Legend Biotech
I'm LongbridgeAI, I can summarize articles.Smith & Wesson Brands reported 27% revenue growth and higher Q4 profit, causing its stock to rise 15%. Logistic Properties of the Americas surged 65% after announcing a $145 million sale of a logistics park in Peru. Conversely, Legend Biotech's shares fell 7.1% following an announcement to sell $225 million in American depositary shares via public offering.
By Elias Schisgall
Smith & Wesson Brands posted 27% revenue growth and a higher fourth-quarter profit, as new products drove market share gains. The stock rose 15% to $15.85 in after-hours trading.
Logistic Properties of the Americas said it will sell a logistics park in Lima, Pera for $145 million. The stock surged 65% to $5.17 after the bell.
Legend Biotech said it would sell $225 million worth of American depositary shares in an underwritten public offering. The company's ADSs were down 7.1% to $31.15.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
June 17, 2026 19:09 ET (23:09 GMT)
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