Today, the Illumina stock is experiencing a significant drop in value. It is not a good day for Illumina shareholders as the stock has decreased by 3.47%. This translates to a loss of 4.69 US dollars compared to the previous day’s closing price, with the current price per share standing at 130.36 US dollars. In comparison, the NASDAQ 100 index is performing well with a 0.82% increase from the previous day’s closing.
Looking back over the past year, Illumina’s stock reached its highest closing price of 156.66 US dollars on November 5, 2024. The lowest closing price within the same period was recorded on November 28, 2023, at 93.54 US dollars. Despite the current decline, the stock has not reached its all-time low of 5.41 US dollars, which was recorded on July 28, 2005.
In the previous reporting period, Illumina reported a loss of 1.16 billion dollars, despite generating revenues of 4.50 billion dollars. This indicates a challenging period for the company.
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Overall, the Illumina stock is currently facing challenges in the market, and shareholders are closely monitoring the developments. It will be interesting to see how the company navigates through this period and whether there will be a turnaround in the stock’s performance in the future.