ILMN Stock Trading Near 52-Week High: Should You Buy, Sell or Hold?
ILMNIllumina(ILMN) ZACKS·2024-10-18 22:05

Shares of Illumina (ILMN) have been showcasing impressive market performance, reaching a new 52-week-high of $151.04 during Tuesday’s trading session. The stock finished at $143.52 yesterday, just 5.2% short of its peak.The surge comes soon after the company's announcement on Oct. 9 of the launch of its MiSeq i100 Series of sequencing systems, an upgrade to the original benchtop MiSeq System from 2011. The new MiSeq i100 and MiSeq i100 Plus Systems offer major technological enhancements, including a reducti ...