Why Illumina Cratered By 24% Last Week

DNA sequencing specialist Illumina (NASDAQ: ILMN) saw a dramatic stock price drop last week after it released a preliminary report anticipating lower-than-expected revenue growth for Q1.In this segment from the MarketFoolery podcast, Chris Hill, Charly Travers, and Jim Mueller explain what caused the dip in Illumina's (still double-digit) growth, how the company is performing in general, and why the market had such a violent reaction to the report.A transcript follows the video.Continue reading

Topics:  illumina nasdaq   ilmn    q1   hill   charly travers   jim mueller   illumina   week   growth   
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