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Gene-Therapy Firm Bluebird Bio Is Spinning Off Its Cancer Programs - Vimarsana News

Gene-Therapy Firm Bluebird Bio Is Spinning Off Its Cancer Programs

Shares of the gene-therapy biotech bluebird bio have tumbled in recent months, with the stock dropping 46.4% over the past year as the S&P 500 Health Care sector index has climbed 14.2%. Now, the company is trying something entirely different in an effort to stop the downward spiral. In a move announced Monday morning, bluebird (ticker: BLUE) said it planned to split into two public companies by the end of the year. One will focus on rare diseases and the other will work on treating cancer. “After careful strategic review, it is clear to us that the two businesses are best served by...

Signet's Holiday Results Could Shine. The Stock Already Shows It. - Vimarsana News

Signet's Holiday Results Could Shine. The Stock Already Shows It.

Analyst Dana Telsey raised her estimates for Signet’s financial performance on Monday. But she still isn’t recommending buying the stock.

Lordstown Motors Stock Jumps as Orders Roll In for EV Truck - Vimarsana News

Lordstown Motors Stock Jumps as Orders Roll In for EV Truck

. The 100,000 mark is impressive. Tesla’s (TSLA) Cybertruck has taken in hundreds of thousands of orders, but Tesla is an $800 billion behemoth. Lordstown is valued at less than $4 billion. The mark is also noteworthy because it shows orders are piling up. An update on the Endurance in November said the company had taken in 50,000 reservations from commercial-fleet operators. Many light-duty trucks end up in use by businesses. Production of the pickup truck is slated to begin in the second half of the year. R.F. Lafferty analyst Jamie Perez noted Monday that electric trucks are ma...

Tesla Stock Dips, but Not for the Reason You'd Expect - Vimarsana News

Tesla Stock Dips, but Not for the Reason You'd Expect

Order Reprints Print Article Tesla stock fell on Monday, but probably not in response to the latest news about the electric-car market and how Wall Street views the company. The stock (ticker: TSLA) was down about 5% in early trading and closed down almost 8%. The S&P 500 and Dow Jones Industrial Average both finished the day down less than 1%. New competition from the... Close Tesla Stock Dips, but Not for the Reason You’d Expect Tesla stock fell on Monday, but probably not in response to the latest news about the electric-car market and how Wall Street views the company. From

Boeing Stock Drops After Sriwijaya Air Crash. Investors Are Nervous. - Vimarsana News

Boeing Stock Drops After Sriwijaya Air Crash. Investors Are Nervous.

The Indonesian airline wasn’t immediately available for comment. Boeing referred Barron’s to a statement it released on Saturday. “We are aware of media reports from Jakarta regarding Sriwijaya Air flight SJ-182,” it said. “Our thoughts are with the crew, passengers, and their families. We are in contact with our airline customer and stand ready to support them during this difficult time.” Although the plane involved was a different model, the latest crash is likely to remind investors of Boeing’s problems with the 737 MAX jet. That plane was grounded from March 2019 until lat...