Illumina Inc. Stock Outperforms Market On Strong Trading Day

BlackRock Corporate High Yield Fund, Inc

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BlackRock Corporate High Yield Fund, Inc. (the Trust) is a diversified closed-end management investment company. Its investment objective is to provide shareholders with current income. Its secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated at the time of investment to be below investment grade or, if unrated, are considered by the investment adviser to be of comparable quality. It may invest directly in fixed income securities or synthetically through the use of derivatives. It invests approximately 80% of its net assets (including assets acquired from the sale of preferred stock), plus the amount of any borrowings for investment purposes, in high yield securities, including high yield bonds, corporate loans, convertible debt securities and preferred securities. BlackRock Advisors, LLC is the investment advisor of the Trust.

Illumina Inc. Stock Outperforms Market On Strong Trading Day

4:59 pm ET May 27, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Illumina Inc. (ILMN) advanced 5.95% to $258.06 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,158.24 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's third consecutive day of gains. Illumina Inc. closed $267.94 short of its 52-week high ($526.00), which the company achieved on August 16th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) rose 5.97% to $572.35, Danaher Corp. (DHR) rose 5.87% to $266.49, and Agilent Technologies Inc. (A) rose 5.41% to $130.55. Trading volume (1.2 M) eclipsed its 50-day average volume of 988,770.

Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.

(END) Dow Jones Newswires

May 27, 2022 16:59 ET (20:59 GMT)