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CARGO Therapeutics

4.46

+0.06001.36%

Post-market: 4.460.00000.00%13:04 EDT

Volume:147.92K

Turnover:659.17K

Market Cap:205.67M

PE:-0.96

High:4.50

Open:4.42

Low:4.38

Close:4.40

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Overview Company News Filings

Anup Radhakrishnan, Interim CEO of Cargo Therapeutics Inc., Reports Disposal of Common Shares

CARGO Therapeutics Transfers Lease to Dren Bio

Cargo Therapeutics Inc. Assigns Lease to Dren Bio Management, Inc., Exploring Strategic Alternatives

CARGO Therapeutics Elects Directors at Annual Meeting

Cargo Therapeutics Inc. Conducted Annual Stockholders Meeting

Top Executive Makes a Bold Move with CARGO Therapeutics Stock Sale!

Anup Radhakrishnan, Officer, Reports Disposal of Common Shares in Cargo Therapeutics Inc

CARGO Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary

CARGO Therapeutics Inc expected to post a loss of 67 cents a share - Earnings Preview

CARGO Stock Surges 19% Pre-Market After Suspending Development, Cutting 90% of Workforce

BUZZ-Cargo Therapeutics gains on reduced workforce, eyes merger

BRIEF-Cargo Therapeutics provides corporate update

Cargo Shares Rise After Starting Strategic Review, Ceasing Treatment Development

Cargo Therapeutics Ceases More Treatment Development, Cuts 90% of Jobs

CARGO Therapeutics Inc - Suspends Development of Crg-023 and Allogeneic Platform

THOMSON REUTERS

CARGO Therapeutics Provides Corporate Update

THOMSON REUTERS

CARGO Therapeutics Inc - Reduction of Workforce by Approximately 90%

THOMSON REUTERS

CARGO Therapeutics Inc - Anup Radhakrishnan Appointed as Interim CEO of CARGO

THOMSON REUTERS

CARGO Therapeutics, Inc.: Hold Rating Amidst Developmental Stagnation and Future Prospects

Tang Capital Management Llc Reports 5.9% Stake in CARGO Therapeutics as of Feb 13 - SEC Filing

THOMSON REUTERS

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The full filing can be accessed through the link below.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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( ($CRGX) ). On June 27, 2025, CARGO Therapeutics, Inc. entered into an Assignment and...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/cargo-therapeutics-transfers-lease-to-dren-bio?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/cargo-therapeutics-transfers-lease-to-dren-bio?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","CRGX"],"gpt_icon":0},{"id":"2548898708","title":"Cargo Therapeutics Inc. Assigns Lease to Dren Bio Management, Inc., Exploring Strategic Alternatives","url":"https://stock-news.laohu8.com/highlight/detail?id=2548898708","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548898708?lang=en_us&edition=fundamental","pubTime":"2025-07-02 18:01","pubTimestamp":1751450482,"startTime":"0","endTime":"0","summary":"Cargo Therapeutics Inc. has entered into a significant agreement with Dren Bio Management, Inc., as part of its strategic shift to suspend various development efforts and explore potential alternatives. The agreement involves an Assignment and Assumption of Lease, transferring all rights and obligations of Cargo's Lease Agreement for a property in San Carlos, California, to Dren Bio. The property spans approximately 99,557 square feet on the building's 3rd and 4th floors. Cargo Therapeutics has paid $35.8 million to the landlord, ARE San Francisco No. 63, LLC, to be released from further liability under the lease and an additional $567,474.90 to Dren Bio for a security deposit. The lease assignment, which includes a sublease with Vaxcyte Inc., is set to commence once certain conditions are met, with Dren Bio assuming responsibility for rent and associated charges. 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Conducted Annual Stockholders Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2545547103","media":"Reuters","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545547103?lang=en_us&edition=fundamental","pubTime":"2025-06-21 05:30","pubTimestamp":1750455043,"startTime":"0","endTime":"0","summary":"Cargo Therapeutics Inc. held its 2025 Annual Meeting of Stockholders on June 18, 2025. At the meeting, stockholders elected Abraham Bassan, Kapil Dhingra, and David Lubner as Class II Directors. Additionally, stockholders ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Both proposals were approved.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cargo Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on June 20, 2025, and is solely responsible for the information contained therei","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL7q16bZ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","CRGX"],"gpt_icon":0},{"id":"2536797375","title":"Top Executive Makes a Bold Move with CARGO Therapeutics Stock Sale!","url":"https://stock-news.laohu8.com/highlight/detail?id=2536797375","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536797375?lang=en_us&edition=fundamental","pubTime":"2025-05-17 10:10","pubTimestamp":1747447847,"startTime":"0","endTime":"0","summary":"New insider activity at CARGO Therapeutics, Inc. ( ($CRGX) ) has taken place on May 17, 2025. Interim CEO, CFO, and COO Radhakrishnan Anup has made...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/insider-trading/top-executive-makes-a-bold-move-with-cargo-therapeutics-stock-sale?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/insider-trading/top-executive-makes-a-bold-move-with-cargo-therapeutics-stock-sale?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2536407923","title":"Anup Radhakrishnan, Officer, Reports Disposal of Common Shares in Cargo Therapeutics Inc","url":"https://stock-news.laohu8.com/highlight/detail?id=2536407923","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536407923?lang=en_us&edition=fundamental","pubTime":"2025-05-17 04:19","pubTimestamp":1747426792,"startTime":"0","endTime":"0","summary":"Anup Radhakrishnan, a beneficial owner, reported a disposal of common shares of Cargo Therapeutics Inc. The full filing can be accessed through the link below.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cargo Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 16, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250516:nNDLcbtmJM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2535787146","title":"CARGO Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2535787146","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535787146?lang=en_us&edition=fundamental","pubTime":"2025-05-13 05:06","pubTimestamp":1747083999,"startTime":"0","endTime":"0","summary":"CARGO Therapeutics Inc reports results for the quarter ended March 31 - Earnings SummaryCARGO Therapeutics Inc CRGX.OQ reported a quarterly adjusted loss of $1.77 per share for the quarter ended March","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250512:nL8N3RK2W8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRGX"],"gpt_icon":0},{"id":"2534358498","title":"CARGO Therapeutics Inc  expected to post a loss of 67 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2534358498","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534358498?lang=en_us&edition=fundamental","pubTime":"2025-05-10 08:28","pubTimestamp":1746836885,"startTime":"0","endTime":"0","summary":"CARGO Therapeutics Inc  expected to post a loss of67cents a share - Earnings Preview CARGO Therapeutics Inc CRGX.OQ CRGX.O is expected to show no change in quarterly revenue when it reports  results  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250510:nL8N3RI026:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRGX"],"gpt_icon":0},{"id":"2520310371","title":"CARGO Stock Surges 19% Pre-Market After Suspending Development, Cutting 90% of Workforce","url":"https://stock-news.laohu8.com/highlight/detail?id=2520310371","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520310371?lang=en_us&edition=fundamental","pubTime":"2025-03-19 21:49","pubTimestamp":1742392148,"startTime":"0","endTime":"0","summary":"CARGO Therapeutics  saw its stock jump 18.9% pre-market to $4.52 on Wednesday after announcing it would suspend development of its CRG-023 product and allogeneic platform, along with cutting approximately 90% of its workforce to preserve cash and seek a strategic business combination.GuruFocus has detected 2 Warning Signs with CRGX.The decision follows the company's discontinuation of the Phase 2 FIRCE-1 study for firicabtagene autoleucel, according to a statement. Anup Radhakrishnan has been appointed interim chief executive officer to lead the company's efforts in pursuing a reverse merger or other transaction. CARGO has engaged investment bank TD Cowen as its exclusive strategic financial advisor, the company said in a statement.As of December 31, 2024, CARGO held $368.1 million in cash, cash equivalents, and marketable securities. The company said the job cuts and development suspension aim to maximize value for shareholders while aiming to find a permanent home for remaining asset","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cargo-stock-surges-19-pre-134908296.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2520975499","title":"BUZZ-Cargo Therapeutics gains on reduced workforce, eyes merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2520975499","media":"Reuters","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520975499?lang=en_us&edition=fundamental","pubTime":"2025-03-19 17:22","pubTimestamp":1742376133,"startTime":"0","endTime":"0","summary":"BUZZ-Cargo Therapeutics gains on reduced workforce, eyes merger** Shares of drug developer Cargo Therapeutics CRGX.O rise 21% to $4.60 premarket** On Tuesday, co said it is reducing its workforce by about 90%** CRGX appointed Anup Radhakrishnan as interim CEO to lead the co through a potential merger or acquisition** As of December 31, 2024, co had about 167 full-time employees - SEC filing** Co also said it is stopping its experimental cancer therapy, CRG-023, and allogeneic platform** Earlier this year, co halted a mid-stage trial for cancer treatment** CRGX has $368.1 million in cash, as of December 31, 2024** CRGX fell 36.5% last year  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250319:nL4N3Q20RG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","CRGX"],"gpt_icon":0},{"id":"2520531709","title":"BRIEF-Cargo Therapeutics provides corporate update","url":"https://stock-news.laohu8.com/highlight/detail?id=2520531709","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520531709?lang=en_us&edition=fundamental","pubTime":"2025-03-19 05:43","pubTimestamp":1742334186,"startTime":"0","endTime":"0","summary":"BRIEF-Cargo Therapeutics provides corporate updateMarch 18 (Reuters) - CARGO Therapeutics Inc CRGX.O:CARGO THERAPEUTICS PROVIDES CORPORATE UPDATECARGO THERAPEUTICS INC - REDUCTION OF WORKFORCE BY APPR","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250318:nTUA1Y1DHM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2520958985","title":"Cargo Shares Rise After Starting Strategic Review, Ceasing Treatment Development","url":"https://stock-news.laohu8.com/highlight/detail?id=2520958985","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520958985?lang=en_us&edition=fundamental","pubTime":"2025-03-19 05:19","pubTimestamp":1742332740,"startTime":"0","endTime":"0","summary":"Shares of Cargo Therapeutics rose after the company said it plans to cease development for more treatments and review strategic options.The stock rose 17% to $4.44 on Tuesday after the market closed. Shares have fallen 74% over the past three months.The biotechnology company, which focuses on curative cell therapies for cancer patients, said Tuesday it is reducing its workforce by 90% and discontinuing development of its remaining pipeline assets. Its chief executive is also departing.Cargo is reviewing strategic options and working with TD Cowen as a financial adviser, it said.Board Chairman John Owin said Cargo wants to find a permanent home for its remaining assets and maximize value for shareholders.The announcement comes about two months after Cargo said it would discontinue a study of firi-cel and cut its workforce in half. Shares fell to $3.39 from $13.19 after that announcement.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2520932225","title":"Cargo Therapeutics Ceases More Treatment Development, Cuts 90% of Jobs","url":"https://stock-news.laohu8.com/highlight/detail?id=2520932225","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520932225?lang=en_us&edition=fundamental","pubTime":"2025-03-19 04:35","pubTimestamp":1742330100,"startTime":"0","endTime":"0","summary":"Cargo Therapeutics is suspending more of its cell therapy programs and cutting 90% of its employees.The biotechnology company, which focuses on curative cell therapies for cancer patients, said Tuesday it is ceasing development operations. It is discontinuing the development of remaining pipeline assets, including its CRG-023 and Cargo allogeneic platforms.Cargo said its chief executive, Gina Chapman, is departing and the company is reducing its workforce by 90%. As of December 2024, Cargo had 167 full-time employees, according to a filing with the Securities and Exchange Commission. Cargo's board named Anup Radhakrishnan as interim chief executive.In January, Cargo said it would discontinue the FIRCE-1 Phase 2 study of firi-cel to streamline business operations and reduce costs. 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