Why Illumina Stock Just Jumped 10%

02:00pm, Tuesday, 06'th Apr 2021
The DNA sequencing company is gearing up to report a big beat later this month.
Illumina's (ILMN) revenue improvement in the first quarter is likely to have been boosted by on-going business recovery.
Illumina stock gapped up Tuesday after the company preannounced 26% revenue growth in the first quarter and boosted its full-year guidance. Analysts were split on the preannouncement.

ILMN Jumps Higher on Upbeat Guidance

10:36am, Tuesday, 06'th Apr 2021
The shares of Illumina Inc (NASDAQ:ILMN) are surging today, up 9.2% to trade at $420 at last check, after the company announced better-than-expected preliminary current-quarter and full-year guidance.
Illumina issued preliminary current-quarter and full-year guidance that exceeded current analyst estimates. The life sciences company said its projected results are being driven by record orders in it
The stock price of Illumina, Inc. (NASDAQ: ILMN) increased by over 9% pre-market. This is why it happened.
Shares of Illumina Inc. jumped more than 13% in the extended session Monday after the biotech company said it expects first-quarter revenue to top $1 billion thanks to "record" orders and revenue grow
SAN DIEGO--(BUSINESS WIRE)---- $ILMN #ILMN--Illumina, Inc. (NASDAQ: ILMN) today announced preliminary revenue for the first quarter of fiscal year 2021 and updated its fiscal year 2021 revenue guidanc

Is Illumina Still a Good Stock to Buy?

08:55am, Monday, 05'th Apr 2021
The company's attempts to grow through acquisition keep running into problems.
Illumina (ILMN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the ro
Analysts at Canaccord Genuity came out Wednesday morning with two rating upgrades, along with initiating coverage with a Buy rating on a third company.
According to FTC, the Illumina (ILMN) and Grail merger will diminish the scope of innovation in the U.S. market for MCED tests.
The Federal Trade Commission (FTC) is reportedly looking to stop Illumina Inc's (NASDAQ: ILMN) $7.1 billion proposed acquisition of Grail Inc. FTC believes that the deal would slow innovation in canc
Blood-tests that screen for many kinds of cancer would revolutionize healthcare. Most are being developed for use with Illumina's gene sequencers, so the FTC fears that Illumina's deal to acquire test
SAN DIEGO--(BUSINESS WIRE)--Illumina commits to pursuing GRAIL acquisition to accelerate access to breakthrough multi-cancer early detection blood test.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE