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Stockreport

Geron Stock Is Heating Up. Time to Buy? [The Motley Fool]

GERON (GERN)  More Company Research Source: The Motley Fool
Last geron earnings: 5/10 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: geron.com/investors
PDF This tiny cancer company may have short-sellers on the run. The clinical-stage cancer specialist Geron Corporation ( NASDAQ:GERN ) defied the downturn in the broader markets over the past two trading sessions by actually gaining a noteworthy 25.2%. Now, at first glance, this hefty move may seem like nothing more than a sectorwide rotation into small- to mid-cap equities after large caps like AbbVie exploded higher to start the year. All of the best-performing healthcare stocks in the last week, after all, had market caps well below $2 billion.   Image source: Getty Images. However, I think there's a lot more going on than simple asset-class rotation in regards to Geron's sudden price spike. Here's why.  More than meets the eye  The first encouraging sign is that Geron's move higher was accompanied by a massive surge in volume. For example, the biotech's shares gained a healthy 7.66% on seven times the normal daily volume yesterday, making it one of the [Read more]

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