argenx prices $300M follow-on

argenx S.E. (Euronext:ARGX; NASDAQ:ARGX) raised $300.6 million in a follow-on that priced after hours on Sept. 18.

argenx sold 3.5 million ADSs at $86.50, an 8% discount to its NASDAQ close of $93.77 on Sept. 17, when it proposed after hours to raise $300 million. Morgan Stanley, Cowen, Evercore ISI, Kempen and Nomura are underwriters. argenx fell 7% on NASDAQ Sept. 18, and dipped another $7.32 to $79.98 on Sept. 19. Its Euronext shares lost €9.60 (12%) to €71.80 on Sept. 19...