bluebird bio Announces 1-for-20 Reverse Stock Split
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bluebird bio, Inc. (NASDAQ: BLUE) has announced a 1-for-20 reverse stock split to increase its per share market price, following approval by its Board and stockholders.
December 04, 2024 | 9:30 pm
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bluebird bio, Inc. is implementing a 1-for-20 reverse stock split to increase its share price, which has been approved by the Board and stockholders.
The reverse stock split is a strategic move to increase the per share market price, which can attract more investors and potentially stabilize the stock. This action is significant for current and potential investors as it directly affects the stock's trading dynamics.
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