NasdaqGS:GERNBiotechs
Geron (GERN) Stock May Still Be Below Fair Value On Sales
Geron stock is trading at a modest price of US$1.48 after a mixed return profile over recent years, with the share price recovering in the shorter term while longer term holders have still seen material value erosion.
Over the past 3 years, Geron shareholders have seen the stock decline about 51%, which means many longer term investors are still under water even after the recent rebound.
For valuation, the key upside driver is whether Geron can convert its pipeline and research spend into...