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Why Illumina Rallied 36.6% in December

TheMotleyFool 
0 0 09.01.24
Why Illumina Rallied 36.6% in DecemberPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png
 

Shares of gene sequencing leader (NASDAQ: ILMN) rallied 36.6% in December, according to data from S&P Global Market Intelligence.

Investors might not be quite so excited, as Illumina entered the month more than 80% below its all-time highs from 2021.

But hopes for a bottoming and recovery surfaced in December, as Illumina received several positive analyst notes, and activist investor Carl Icahn made his next move in shaking up the company's board of directors.

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Source Fool.com

Illumina Inc. Stock

€164.98
-1.100%
We can see a decrease in the price for Illumina Inc.. Compared to yesterday it has lost -€1.840 (-1.100%).
With 19 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 179 € there is a slightly positive potential of 8.5% for Illumina Inc. compared to the current price of 164.98 €.
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