• Goldman Sachs reiterated a "Sell" rating for NASDAQ:TSVT, with the stock priced at approximately $4.31.
• 2Seventy Bio reported a quarterly loss of $0.18 per share, missing the Zacks Consensus Estimate.
• The stock price of TSVT has seen a decrease of approximately 6.64%, indicating significant volatility.

2Seventy Bio Inc. (NASDAQ:TSVT) is a biotechnology company focused on developing innovative therapies for cancer treatment. The company operates in a competitive landscape, with peers like Bluebird Bio and CRISPR Therapeutics. On November 12, 2024, Goldman Sachs reiterated its "Sell" rating for TSVT, maintaining a "hold" action, with the stock priced at approximately $4.31, as highlighted by StreetInsider.

During its Q3 2024 earnings call, 2Seventy Bio reported a quarterly loss of $0.18 per share, which was larger than the Zacks Consensus Estimate of a $0.14 loss per share. Despite this, the company showed improvement from the previous year's loss of $1 per share. However, the performance still fell short of revenue expectations, as noted by Zacks.

The stock price of TSVT has seen a decrease of approximately 6.64%, dropping by $0.31 to $4.30. On the day of the earnings call, the stock fluctuated between a low of $4.29 and a high of $4.74. Over the past year, TSVT's stock has ranged from a high of $6.40 to a low of $1.54, reflecting significant volatility.

2Seventy Bio's market capitalization is approximately $221.18 million, with a trading volume of 218,746 shares. The company's financial results and stock performance are closely watched by investors and analysts, including participants from Citi and Leerink Partners, who attended the earnings call.