bluebird bio, Inc. has announced a 1-for-20 reverse stock split, effective December 13, 2024. The company's stock symbol will change from BLUE to BLUE1 on the effective date. This corporate action will impact the company's options contracts.As a result of the reverse split, the new contract multiplier for options will be 100, and the new deliverable per contract will be 5 new bluebird bio common shares. The underlying price for BLUE1 options will be calculated as 0.05 times the price of BLUE. The new CUSIP for bluebird bio shares will be 09609G209.Option investors are advised to independently evaluate this corporate event and its impact on their investments. The Options Clearing Corporation (OCC) will make adjustments to options and futures based on their by-laws, and these decisions may be subject to change as more information becomes available.

bluebird bio, Inc. has announced a 1-for-20 reverse stock split, effective December 13, 2024. The company's stock symbol will change from BLUE to BLUE1 on the effective date. This corporate action will impact the company's options contracts.As a result of the reverse split, the new contract multiplier for options will be 100, and the new deliverable per contract will be 5 new bluebird bio common shares. The underlying price for BLUE1 options will be calculated as 0.05 times the price of BLUE. The new CUSIP for bluebird bio shares will be 09609G209.Option investors are advised to independently evaluate this corporate event and its impact on their investments. The Options Clearing Corporation (OCC) will make adjustments to options and futures based on their by-laws, and these decisions may be subject to change as more information becomes available.