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Wajeeh Khan

The $2.2 Billion Reason Forte BioSciences (FBRX) Stock Is Skyrocketing Today

Forte argenx

Forte Biosciences (FBRX) ripped higher on Monday after the Dutch immunology giant, Argenx (ARGX), announced a definitive agreement to acquire it for $2.2 billion. The all-cash transaction is expected to close in the third quarter of 2026 and values FBRX shares at $77 each, representing a huge 40% upside on their previous close.

Following today’s gains, Forte Biosciences stock is trading at more than 3.5x its price at the start of this year.

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