Illumina Inc. Stock Falls Thursday, Underperforms Market
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Shares of Illumina Inc. (ILMN) shed 2.62% to $202.59 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. This was the stock's fourth consecutive day of losses. Illumina Inc. closed $168.57 below its 52-week high ($371.16), which the company reached on April 4th.
The stock underperformed when compared to some of its competitors Thursday, as Laboratory Corp. of America Holdings (LH) fell 2.53% to $224.15, Charles River Laboratories International Inc. (CRL) fell 1.77% to $214.92, and Quest Diagnostics Inc. (DGX) fell 1.35% to $134.89. Trading volume (743,060) remained 558,359 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 17:02 ET (22:02 GMT)
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