Faux Press Release Sends Aastrom's Stock Soaring

Share this content:
A computer hacker issued a fraudulent press release announcing a merger between Aastrom Biosciences and Geron Corp., sending Aastrom's stock soaring 50 percent last Thursday. The release was posted on the Aastrom site, where the company's second-quarter earnings release was also doctored by the hacker to support the merger news. The site in its entirety has since been taken down and will not be relaunched until the loophole in its programming has been uncovered. The company, based in Ann Arbor, MI, and Geron Corp., Menlo Park, CA, have denied any talks about an impending merger.

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above