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BLUE - bluebird bio: Waiting For The Dust To Settle
bluebird bio Inc.
bluebird bio is preparing to spin off their cell therapy into a new publicly traded company, 2seventy bio. bluebird will focus on the company's gene therapy products.
Although I am still fairly bullish on both tickers, I am concerned about where the market is going to take BLUE once the cell therapy pipeline has been removed.
I am going to wait for the dust to settle after the distribution of shares before making any major changes in my thesis.