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-8.93016610109405E-05 0.000223254152527161 -0.000178603322021754 0.000178603322021754 -0.000982318271119838 -0.00821575281300234 -0.0145115199142704 -0.017163779246294
Stock impact report

Illumina (ILMN) Rises on Conclusion of GRAIL Divestment [Yahoo! Finance]

Illumina, Inc. (ILMN) 
Last illumina, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Following the announcement, shares of Illumina rose 1.5% at yesterday's close and also edged up 0.1% during the after-hour trading session. With the divestment now complete, GRAIL will start trading publicly on Nasdaq from Jun 25 under the ticker symbol "GRAL." Illumina will continue to operate its legacy business independently under the ticker symbol “ILMN” on Nasdaq. Financing and Distribution Details Post divestment, Illumina will maintain a minority share of 14.5% in GRAIL. The separation of businesses was achieved through the distribution of the remaining 85.5% of the outstanding shares of GRAIL to holders of Illumina common stock. In addition to retaining their shares of Illumina stock, ILMN shareholders received one share of GRAIL common stock for every six shares of Illumina stock held as of the close of business on the record date of Jun 13, 2024. GRAIL, as a new-age cancer research company, will continue to grow its business, leveraging Illumina's sequencing technolo Show less Read more
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