Your email has been successfully added to our mailing list.

×
0 -0.000772831655184521 -0.000441618088676887 -0.00167814873697225 0.00247306129659072 -0.00378996643702518 -0.00644762409468283 0.0090973326267444
Stock impact report

HSBC downgrades Illumina on China risks, funding concerns [Yahoo! Finance]

Chord Energy Corporation (CHRD) 
Company Research Source: Yahoo! Finance
from China, potential U.S. research funding cuts, and rising competition in the sequencing market. Illumina's stock has fallen about 33% year-to-date, underperforming the broader market, and HSBC sees limited near-term catalysts for recovery. The firm highlighted three emerging risks: China's decision to place Illumina on its unreliable entity list, which could impact about 7% of its revenue; possible cuts to National Institutes of Health (NIH) budgets, which may reduce demand from academic customers; and new sequencing technology from Roche Holding AG (OTC:RHHVF) Participation (SIX:ROG), which could increase pricing pressure. HSBC noted that Illumina is losing its market dominance, with declining instrument placements in the low-to-mid throughput segments and weaker revenue from China. The company's prolonged focus on its GRAIL acquisition has allowed competitors to gain ground, eroding its pricing power and market leadership. HSBC had previously expected 2025 to be a recover Show less Read more
Impact Snapshot
Event Time:
CHRD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CHRD alerts
Opt-in for
CHRD alerts

from News Quantified
Opt-in for
CHRD alerts

from News Quantified