What's Going On With Illumina Stock On Monday? [Yahoo! Finance]
Nasdaq, Inc. (NDAQ)
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Source: Yahoo! Finance
On Friday, Nasdaq Inc's (NASDAQ: NDAQ ) annual reconstitution of the Nasdaq-100 Index will become effective before the market opens on December 23 Illumina, Inc. (NASDAQ: ILMN ) was removed from the index . Year to date, the stock has increased around 8%, underperforming iShares Core S&P Mid-Cap ETF (NYSE: IJH The provider of DNA sequencing and array-based technologies has been in the news due to its controversial multi-billion dollar deal to acquire cancer test maker Grail Inc (NASDAQ: GRAL Also Read: European Court Rules In Favor Of Illumina In Fight Against Probe Into Grail Deal, Asks Not To Pay $478M Fine Nearly four years after pitching for Grail, Illumina finally separated the cancer blood test developer . To expand its reach in single-cell analysis and multiomics research, Illumina acquired privately-held Fluent BioSciences. Also in March, activist investor Carl Icahn opted against pursuing a fresh challenge to Illumina's board, which spares the U.S. gene sequencing
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