Seeking Alpha

bluebird up big after Q1 report

  • Shares of bluebird bio (BLUE +27.9%) pop on a 5x surge in volume in response to its Q1 report after yesterday's close.
  • Revenue: $6.3M (+473%); operating loss: ($10.7M) (-64.6%); net loss/share: ($0.44) vs ($19.94); cash & equiv: $192.5M (-6.7%); cash burn: ($11.9M).
  • 153 mutual funds have positions, up from 73 a year earlier.
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