裁员数小时后，CARGO Thereutics股价上涨

CARGO Therapeutics (NASDAQ:CRGX) shares rose after market hours as the company announced a 90% workforce reduction along with suspending development of both CRG-023 and the company's allogeneic platform.

CRGX stock is up about 15% after the bell.

The company said that its Board has decided to suspend development efforts of both CRG-023 and CARGO’s allogeneic platform. It has also appointed Anup Radhakrishnan as interim CEO.

CARGO  said that it had cash, cash equivalents and marketable securities of $368.1M as of December 31, 2024.