26
Feb
2025
How to Know when a Company Should Throw in the Towel
Twitter was blazing last week on whether companies with a negative enterprise value (EV) — i.e., companies whose stock market value is less than their cash — should shut down. Some people like to call these companies “zombies.” San Carlos, Calif.-based Cargo Therapeutics got the exchange going. Last month, the company halted development of its lead drug candidate, a CD22-directed... Read More