Bluebird Bio (BLUE) Off To A Strong Start In Pre-Market Activity

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified bluebird bio ( BLUE) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified bluebird bio as such a stock due to the following factors:

  • BLUE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $167.5 million.
  • BLUE traded 10,747 shares today in the pre-market hours as of 9:24 AM.
  • BLUE is up 2% today from yesterday's close.

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More details on BLUE:

bluebird bio, Inc., a clinical-stage biotechnology company, focuses on developing transformative gene therapies for severe genetic and rare diseases. Currently there are 9 analysts that rate bluebird bio a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for bluebird bio has been 703,700 shares per day over the past 30 days. Bluebird bio has a market cap of $5.1 billion and is part of the health care sector and drugs industry. Shares are up 68.4% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com Analysis:

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