Illumina Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Illumina Inc. (ILMN) slipped 3.33% to $208.46 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. This was the stock's second consecutive day of losses. Illumina Inc. closed $162.70 short of its 52-week high ($371.16), which the company achieved on April 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Laboratory Corp. of America Holdings (LH) fell 2.36% to $231.51, Charles River Laboratories International Inc. (CRL) fell 1.95% to $221.12, and Quest Diagnostics Inc. (DGX) fell 1.86% to $137.72. Trading volume (1.1 M) remained 176,554 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:02 ET (22:02 GMT)
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