Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
Published by Global Banking & Finance Review®
Posted on February 6, 2026
1 min readLast updated: February 6, 2026
Published by Global Banking & Finance Review®
Posted on February 6, 2026
1 min readLast updated: February 6, 2026
Agomab Therapeutics' shares fell 8% in their Nasdaq debut, valuing the company at $716 million. The Belgium-based biotech faced a negative initial market reaction.
Feb 6 (Reuters) - Shares of Agomab Therapeutics fell about 8% in their Nasdaq debut on Friday, valuing the Belgium-based company at $716.4 million.
(Reporting by Prakhar Srivastava in Bengaluru; Editing by Shailesh Kuber)
A Nasdaq debut refers to the first day a company's shares are traded on the Nasdaq stock exchange, marking its entry into the public market.
Market valuation is the total value of a company's outstanding shares of stock, calculated by multiplying the share price by the total number of shares.
An equity investment involves purchasing shares of a company, giving the investor ownership rights and a claim on a portion of the company's assets and earnings.
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