Geron surges almost 100% after FDA vote

Open account Download free app

Geron (GERN.US), US biotechnology company, is surging almost 100% today! Share price surge comes in response to US Food and Drug Administration (FDA) advisory panel approving company's anemia drug candidate, Imetelstat. FDA panel voted 12-2 in favor of the drug, saying that its benefits of Imetelstat outweigh risks for the targeted patient population. While final approval from FDA is expected by June 16, 2024, FDA often follows recommendations of advisory panels.

While FDA is not obliged to follow advisory panel recommendations, a strongly positive 12-2 vote results shows that there is a very high chance of regulatory approval in June.

Taking a look at Geron chart (GERN.US) at D1 interval, we can see that today's surge is indeed massive. Stock bounced off the $1.70 support zone and rallied to the highest level since mid-June 2023. Advance has been halted at the $3.40 resistance zone, marked with local highs from the first half of 2023. Nevertheless, even after today's surge the stock is trading over 50% below its all-time highs from September 2018.

Source: xStation5

3 April 2026, 11:31 AM

DAX down 12% from all-time high 🚩Watch this 2 stocks in April

2 April 2026, 6:32 PM

Daily summary: Hopes for peace and space stocks in the spotlight

2 April 2026, 5:58 PM

Globalstar: Are we headed for a battle of giants over orbit?

2 April 2026, 5:43 PM

Intuitive Machines: Flywheel of the space economy?

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days