Geron rises on plan to cut workforce

Geron

11/12/2025 15:04

** Shares of Geron Corp GERN.O rise 4.3% to $1.33

** Geron announces strategic restructuring plan to reduce workforce by a third, or about 260 roles

** Co expects to complete restructuring in Q1 2026

** Adds that it will incur restructuring charges consisting primarily of cash-based expenses in connection with plan

** Including session moves, stock down 63.3% YTD

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))