Geron (GERN) Plans Restructuring to Cut Costs, H.C. Wainwright Stays Neutral
Geron Corporation (NASDAQ:GERN) is one of the 10 Best US Penny Stocks to Buy. On December 11, H.C. Wainwright maintained its Neutral rating on Geron Corporation (NASDAQ:GERN) after the company announced a strategic restructuring plan. The plan is designed to position the company for long-term value creation while also improving financial discipline. The company shared that its strategic restructuring plan is expected to reduce its workforce by about one-third. When Geron Corporation (NASDAQ:GERN) made th ...