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CARGO Therapeutics

4.54

-0.0900-1.94%

Post-market: 4.540.00000.00%16:05 EDT

Volume:636.52K

Turnover:2.92M

Market Cap:209.08M

PE:-1.22

High:4.66

Open:4.65

Low:4.50

Close:4.63

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Overview Company News Filings

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

CARGO Therapeutics, Inc. (CRGX) Upgraded to Buy: What Does It Mean for the Stock?

Sector Update: Health Care Stocks Gain Thursday

MT Newswires Live

Top Midday Decliners

MT Newswires Live

Nasdaq Moves Lower; Meta Platforms Posts Strong Sales

BUZZ-Cargo Therapeutics hits record low on cancer drug trial halt

CARGO Therapeutics Down Over 77%, on Track for a Record Low Close and Percent Decrease -- Data Talk

Dow Jumps Over 100 Points; Tesla Earnings Miss Views

Sector Update: Health Care Stocks Rise Pre-Bell Thursday

MT Newswires Live

Top Premarket Decliners

MT Newswires Live

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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":"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://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":"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: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":["CRGX","BK4139"],"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":"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: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":["BK4139","CRGX"],"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. It said it planned to cut its workforce in half at that time.The San Carlos, Calif., company is working with TD Cowen as a financial adviser for a review of strategic options, it said.\"Our priority moving forw","market":"sg","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":"-2","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRGX","BK4139","LENZ"],"gpt_icon":0},{"id":"2520931422","title":"CARGO Therapeutics Inc - Suspends Development of Crg-023 and Allogeneic Platform","url":"https://stock-news.laohu8.com/highlight/detail?id=2520931422","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520931422?lang=en_us&edition=fundamental","pubTime":"2025-03-19 04:05","pubTimestamp":1742328302,"startTime":"0","endTime":"0","summary":null,"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:20250318:nTUA1Y1DHM:4","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":"reuters_en_live","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2520931186","title":"CARGO Therapeutics Provides Corporate Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2520931186","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520931186?lang=en_us&edition=fundamental","pubTime":"2025-03-19 04:05","pubTimestamp":1742328302,"startTime":"0","endTime":"0","summary":null,"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:20250318:nTUA1Y1DHM: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":"reuters_en_live","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2520931113","title":"CARGO Therapeutics Inc - Reduction of Workforce by Approximately 90%","url":"https://stock-news.laohu8.com/highlight/detail?id=2520931113","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520931113?lang=en_us&edition=fundamental","pubTime":"2025-03-19 04:05","pubTimestamp":1742328302,"startTime":"0","endTime":"0","summary":null,"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:2","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":"reuters_en_live","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2520293119","title":"CARGO Therapeutics Inc - Anup Radhakrishnan Appointed as Interim CEO of CARGO","url":"https://stock-news.laohu8.com/highlight/detail?id=2520293119","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520293119?lang=en_us&edition=fundamental","pubTime":"2025-03-19 04:05","pubTimestamp":1742328302,"startTime":"0","endTime":"0","summary":null,"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:20250318:nTUA1Y1DHM:3","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":"reuters_en_live","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2519588468","title":"CARGO Therapeutics, Inc.: Hold Rating Amidst Developmental Stagnation and Future Prospects","url":"https://stock-news.laohu8.com/highlight/detail?id=2519588468","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519588468?lang=en_us&edition=fundamental","pubTime":"2025-03-13 22:15","pubTimestamp":1741875338,"startTime":"0","endTime":"0","summary":"William Blair analyst Sami Corwin has maintained their neutral stance on CRGX stock, giving a Hold rating today. Sami Corwin has given his Hold rat...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/ratings/cargo-therapeutics-inc-hold-rating-amidst-developmental-stagnation-and-future-prospects?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/ratings/cargo-therapeutics-inc-hold-rating-amidst-developmental-stagnation-and-future-prospects?utm_source=itigerup.com&utm_medium=referral","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":"tipranks_highlight","symbols":["CRGX"],"gpt_icon":0},{"id":"2513245026","title":"Tang Capital Management Llc Reports 5.9% Stake in CARGO Therapeutics as of Feb 13 - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2513245026","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513245026?lang=en_us&edition=fundamental","pubTime":"2025-02-22 07:08","pubTimestamp":1740179301,"startTime":"0","endTime":"0","summary":null,"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:20250221:nFWN3PC0ZZ: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":"reuters_en_live","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2508129239","title":"CARGO Therapeutics, Inc. (CRGX) Upgraded to Buy: What Does It Mean for the Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2508129239","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2508129239?lang=en_us&edition=fundamental","pubTime":"2025-02-04 01:00","pubTimestamp":1738602010,"startTime":"0","endTime":"0","summary":"Investors might want to bet on CARGO Therapeutics, Inc. , as it has been recently upgraded to a Zacks Rank #2 . This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Therefore, the Zacks rating upgrade for CARGO Therapeutics, Inc. basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.For CARGO Therapeutics, Inc. rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.This company is expected to earn -$3.75 per share for the ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cargo-therapeutics-inc-crgx-upgraded-170010826.html","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":"yahoofinance","symbols":["CRGX"],"gpt_icon":0},{"id":"2507660841","title":"Sector Update: Health Care Stocks Gain Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2507660841","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507660841?lang=en_us&edition=fundamental","pubTime":"2025-01-31 05:02","pubTimestamp":1738270955,"startTime":"0","endTime":"0","summary":"Health care stocks rose Thursday with the NYSE Health Care Index up 1% and the Health Care Select Sector SPDR Fund  adding 1.2%.The iShares Biotechnology ETF  advanced 1%.In corporate news, Kazia Therapeutics'  shares jumped 38% after the company announced the regulatory approval and launch of a trial evaluating the combination of its investigational drug paxalisib and immunotherapy in people with advanced breast cancer.Valneva  shares rose 3.6% after the company won a $32.8 million contract from the US Department of Defense for the supply of Ixiaro, a Japanese encephalitis vaccine.Ironwood Pharmaceuticals  shares slumped 38%, a day after the company announced a 50% cut in its workforce due to \"ongoing pricing pressures.\"Cargo Therapeutics  shares tumbled 74%, a day after the company announced plans to discontinue a phase 2 trial of firicabtagene autoleucel for people with large B-cell lymphoma and reduce its workforce by 50%.","market":"sg","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://www.mtnewswires.com/","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":"mtnewswires_news","symbols":["IBB","XLV","BK4139","KZIA","VALN","BK4585","CRGX","IRWD","BK4539","BK4588","BK4581"],"gpt_icon":0},{"id":"2507674671","title":"Top Midday Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2507674671","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507674671?lang=en_us&edition=fundamental","pubTime":"2025-01-31 02:56","pubTimestamp":1738263393,"startTime":"0","endTime":"0","summary":"Cargo Therapeutics  shares tumbled 74% after the company said Wednesday it plans to discontinue a phase 2 study of firicabtagene autoleucel, or firi-cel, for patients with large B-cell lymphoma, and reduce its workforce by about 50% to preserve cash.More than 17.3 million shares traded intraday compared with a daily average of about 313,000.Ironwood Pharmaceuticals  said late Wednesday it is reducing its workforce by about 50% because of \"ongoing pricing pressures.\"The company said the reorganization is expected to yield annual operating expense savings of about $55 million to $60 million and add $40 million to $45 million to annual profits.Shares slumped 38% following a surge in intraday trading volume to over 7.3 million from a daily average of about 2 million.United Parcel Service  issued a downbeat full-year revenue outlook after posting Q4 topline below market estimates on Thursday.The company also expects a cut of more than 50% in volumes from its largest customer next year.Share","market":"hk","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://www.mtnewswires.com/","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":"mtnewswires_news","symbols":["LU0211331839.USD","LU0320765489.SGD","LU0320765646.SGD","IRWD","BK4131","UPS","LU0149725797.USD","IE00BFSS8Q28.SGD","LU0070302665.USD","LU0208291251.USD","IE00BJJMRX11.SGD","LU1585245621.USD","CRGX","BK4534","LU0061475181.USD","BK4588","IE0002270589.USD","IE00B7KXQ091.USD","IE00B19Z3581.USD","BK4532","LU1430594728.SGD","IE0004445015.USD","LU2237438978.USD","IE00BFSS7M15.SGD","LU2133065610.SGD","BK4585","IE00B19Z3B42.SGD","BK4139","IE00B7SZLL34.SGD","IE00BJJMRY28.SGD","BK4559","BK4550","LU1074936037.SGD","LU1162221912.USD"],"gpt_icon":1},{"id":"2507676186","title":"Nasdaq Moves Lower; Meta Platforms Posts Strong Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2507676186","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507676186?lang=en_us&edition=fundamental","pubTime":"2025-01-31 01:34","pubTimestamp":1738258466,"startTime":"0","endTime":"0","summary":" ","market":"hk","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://www.benzinga.com/25/01/43347085/nasdaq-edges-lower-meta-platforms-posts-strong-sales","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":["TECX","NDAQ","UPS","WHR","META","NTCT","CRGX","ATHE",".IXIC"],"gpt_icon":1},{"id":"2507271796","title":"BUZZ-Cargo Therapeutics hits record low on cancer drug trial halt","url":"https://stock-news.laohu8.com/highlight/detail?id=2507271796","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507271796?lang=en_us&edition=fundamental","pubTime":"2025-01-30 23:47","pubTimestamp":1738252030,"startTime":"0","endTime":"0","summary":"BUZZ-Cargo Therapeutics hits record low on cancer drug trial halt** Shares of drug developer Cargo Therapeutics CRGX.O fall 77.4% to record low of $2.99 ** On Wednesday, CRGX said it is stopping a mid-stage trial for cancer treatment** Trial was stopped due to serious side effects in some patients, including a severe inflammatory condition - CRGX** CRGX has $368.1 million in cash and expects it to last until mid-2028** CRGX also said it is reducing its workforce by about 50%** As of Sept. 30, 2024, co had 170 full-time employees - SEC filing** CRGX fell 36.5% in 2024  ","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:20250130:nL3N3OQ1IR:1","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":null,"symbols":["BK4139","CRGX"],"gpt_icon":0},{"id":"2507627617","title":"CARGO Therapeutics Down Over 77%, on Track for a Record Low Close and Percent Decrease -- Data Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2507627617","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507627617?lang=en_us&edition=fundamental","pubTime":"2025-01-30 23:33","pubTimestamp":1738251180,"startTime":"0","endTime":"0","summary":"CARGO Therapeutics, Inc.  is currently at $3.00, down $10.19 or 77.26%. --Currently down three consecutive days; down 78.04% over this period. --Down 79.2% month-to-date; on pace for worst month on record . --Down 86.67% from 52 weeks ago , when it closed at $22.50","market":"sg","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":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2507249406","title":"Dow Jumps Over 100 Points; Tesla Earnings Miss Views","url":"https://stock-news.laohu8.com/highlight/detail?id=2507249406","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507249406?lang=en_us&edition=fundamental","pubTime":"2025-01-30 23:03","pubTimestamp":1738249415,"startTime":"0","endTime":"0","summary":" ","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://www.benzinga.com/25/01/43340053/dow-jumps-over-100-points-tesla-earnings-miss-views","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":["ATHE","CLEU","TECX","TSLL","CRGX","PCOM","AMOD","SLXN","TSLA"],"gpt_icon":1},{"id":"2507626783","title":"Sector Update: Health Care Stocks Rise Pre-Bell Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2507626783","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507626783?lang=en_us&edition=fundamental","pubTime":"2025-01-30 22:17","pubTimestamp":1738246657,"startTime":"0","endTime":"0","summary":"Health care stocks rose pre-bell Thursday with the Health Care Select Sector SPDR Fund  up 0.4% and the iShares Biotechnology ETF  1.2% higher recently.Sanofi  shares advanced by over 3% after the company reported higher Q4 revenue. The company also said it intends to launch a 5 billion euro  share buyback program this year.Cigna Group  shares fell past 12% after the company reported a decline in Q4 adjusted earnings, which also missed market expectations.Cargo Therapeutics  shares tumbled by over 75% after the company said it will discontinue a phase 2 study of firicabtagene autoleucel, or firi-cel, for patients with large B-cell lymphoma, and reduce its workforce by about 50% to preserve cash for the development of other product candidates.","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://www.mtnewswires.com/","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":"mtnewswires_news","symbols":["BK4196","IE00B19Z3B42.SGD","LU1261432733.SGD","IE00BSNM7G36.USD","LU0058720904.USD","CRGX","BK4588","BK4007","XLV","SNY","CI","LU0868494617.USD","BK4139","BK4585","IE00BFXG1179.USD","IBB","LU0289739699.SGD","IE0002270589.USD","LU1059921491.USD","BK4581","IE00B19Z3581.USD"],"gpt_icon":0},{"id":"2507409826","title":"Top Premarket Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2507409826","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507409826?lang=en_us&edition=fundamental","pubTime":"2025-01-30 20:49","pubTimestamp":1738241353,"startTime":"0","endTime":"0","summary":"Cargo Therapeutics  shares were down 75% pre-bell Thursday, a day after the company said it will discontinue its phase 2 study of a treatment candidate for large B-cell lymphoma and reduce its workforce by about 50%.Airgain  stock was 27% lower after a 5.2% fall in the previous session.ScanSource  shares were down 19% following a 1.1% decline on Wednesday.Core Molding Technologies  stock was 8.7% lower following a muted 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