Illumina Leads Loser Board (ILMN)

Posted in pre-market 
October 28th, 2009

Illumina, Inc. (NASDAQ: ILMN) is the biggest loser this morning. We have a closing bell bell price of $41.66 and the stock is down 18.6% at $33.90 on some 342,728 shares asd of 8:48 AM EST.  The earnings swung to a third-quarter profit on a small revenue gain and lower charges.  But the life sciences products maker said that its its fourth quarter and full year will be a disappointment.  It was not that long ago that this one was at a 52-week high.  Average volume is 1.5 million shares and the 52-week trading range is $18.82 to $47.50.  JON C. OGG

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