Geron (GERN) Crumbles: Stocks Falls by 61.6% - Tale of the Tape

Loading...
Loading...
Geron Corporation GERN saw a big move last session, as the company's shares plunged by nearly 62% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for GERN, as the stock is now down nearly 67% since Feb 27.

This company in Healthcare sector has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn't changed either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

GERN currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same space include Alexion Pharmaqceuticals, Inc. ALXN, Alkermes plc ALKS and Gilead Sciences Inc. GILD. All these stocks carry a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>



ALKERMES INC ALKS: Free Stock Analysis Report

ALEXION PHARMA ALXN: Free Stock Analysis Report

GERON CORP GERN: Free Stock Analysis Report

GILEAD SCIENCES GILD: Free Stock Analysis Report

To read this article on Zacks.com click here.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...