Karyopharm Therapeutics to cut workforce by 20%; shares fall
ReutersJul 11, 2025 12:57 PM
Drugmaker Karyopharm Therapeutics' shares KPTI.O down 15.8% at $4.21 premarket
Company says in an SEC filing it is reducing its workforce by 20%
Company expects its one-time expenses in connection with these actions to be immaterial
Co says board is evaluating financing and strategic alternatives
As of last close, stock down 50.7% YTD
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