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The company also said it intends to launch a 5 billion euro  share buyback program this year.Cigna Group  shares fell past 12% after the company reported a decline in Q4 adjusted earnings, which also missed market expectations.Cargo Therapeutics  shares tumbled by over 75% after the company said it will discontinue a phase 2 study of firicabtagene autoleucel, or firi-cel, for patients with large B-cell lymphoma, and reduce its workforce by about 50% to preserve cash for the development of other product 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19:20","pubTimestamp":1738236040,"startTime":"0","endTime":"0","summary":"CARGO Therapeutics (CRGX) has an average rating of overweight and mean price target of $19.71, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CRGX"],"gpt_icon":0},{"id":"2507649162","title":"Cargo Therapeutics to Cut Workforce by 50%, Discontinue Lymphoma Treatment Study -- Shares Down Pre-Bell","url":"https://stock-news.laohu8.com/highlight/detail?id=2507649162","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507649162?lang=en_us&edition=fundamental","pubTime":"2025-01-30 19:14","pubTimestamp":1738235676,"startTime":"0","endTime":"0","summary":"Cargo Therapeutics  said Wednesday that it will discontinue the phase 2 study of firicabtagene autoleucel, or firi-cel, for patients with large B-cell lymphoma, and reduce its workforce by about 50% to preserve cash for the development of other product candidates.The company said results from an ad-hoc analysis of the phase 2 study data \"do not support a competitive benefit-risk profile\" of firi-cel for the target patient population. The company will focus instead on advancing CRG-023 and its allogeneic platform, while evaluating its strategic options.Cargo Therapeutics said it targets to start enrollment for a phase 1 dose escalation study on CRG-023 in Q2.Cargo Therapeutics shares were down more than 74% in recent premarket activity Thursday.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4139","LENZ","CRGX"],"gpt_icon":0},{"id":"2507649527","title":"CARGO Therapeutics, Inc. : H.c. 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(CRGX) was downgraded to a Hold Rating at William Blair","url":"https://stock-news.laohu8.com/highlight/detail?id=2507645657","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507645657?lang=en_us&edition=fundamental","pubTime":"2025-01-30 18:17","pubTimestamp":1738232268,"startTime":"0","endTime":"0","summary":"CARGO Therapeutics, Inc. (CRGX – Research Report) received a Hold rating and price target from William Blair analyst Sami Corwin today. The company...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/cargo-therapeutics-inc-crgx-was-downgraded-to-a-hold-rating-at-william-blair?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/cargo-therapeutics-inc-crgx-was-downgraded-to-a-hold-rating-at-william-blair?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CRGX"],"gpt_icon":0},{"id":"2507061551","title":"CARGO Therapeutics Inc : Jefferies Cuts to Hold From Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2507061551","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507061551?lang=en_us&edition=fundamental","pubTime":"2025-01-30 14:14","pubTimestamp":1738217694,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250130:nFWN3OQ0CT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2507618065","title":"CARGO Therapeutics Inc : Chardan Capital Markets Cuts to Neutral Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2507618065","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507618065?lang=en_us&edition=fundamental","pubTime":"2025-01-30 13:42","pubTimestamp":1738215736,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250130:nFWN3OQ071:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CRGX","BK4139"],"gpt_icon":0},{"id":"2507690755","title":"Chardan Capital downgrades CARGO Therapeutics, Inc. (CRGX) to a Hold","url":"https://stock-news.laohu8.com/highlight/detail?id=2507690755","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507690755?lang=en_us&edition=fundamental","pubTime":"2025-01-30 12:55","pubTimestamp":1738212906,"startTime":"0","endTime":"0","summary":"CARGO Therapeutics, Inc. (CRGX – Research Report) received a Hold rating and price target from Chardan Capital analyst Geulah Livshits yesterday. T...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/chardan-capital-downgrades-cargo-therapeutics-inc-crgx-to-a-hold?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/chardan-capital-downgrades-cargo-therapeutics-inc-crgx-to-a-hold?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CRGX"],"gpt_icon":0},{"id":"2507669506","title":"Cargo Therapeutics to Lay Off 50% of Workers, Stop Developing Blood Cancer Treatment","url":"https://stock-news.laohu8.com/highlight/detail?id=2507669506","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507669506?lang=en_us&edition=fundamental","pubTime":"2025-01-30 05:58","pubTimestamp":1738187880,"startTime":"0","endTime":"0","summary":"Shares of Cargo Therapeutics tumbled after the company said it will cut half of its workforce, or about 58 jobs, as it stops the development of one of its drugs.The stock fell 68%, to $4.41, in after-hours trading. Shares ended the regular session down 3.4%, at $13.19, having lost 40% of their value in the past year.The San Carlos, Calif., company said Wednesday that the job cuts will extend its cash runway, allowing it to prioritize focus on the development of other potential treatments.The job cuts come as Cargo Therapeutics discontinued the development of its potential treatment for certain types of blood cancer, citing results from a recent trial that don't support a competitive benefit-risk profile for the intended patient population.Cargo employed 116 people as of Dec. 31, 2023, according to its most recent annual report filed with the Securities and Exchange Commission.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","CRGX","LENZ"],"gpt_icon":0}],"pageSize":16,"totalPage":4,"pageCount":2,"totalSize":64}]}}