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Illumina

72.00

+0.80001.12%

Post-market: 72.400.4000+0.56%19:59 EDT

Volume:1.79M

Turnover:127.72M

Market Cap:11.39B

PE:-9.36

High:72.12

Open:71.03

Low:69.83

Close:71.20

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Overview Company News Filings

RBC Cuts Price Target on Illumina to $112 From $128, Keeps Outperform Rating

MT Newswires Live

Illumina Is Maintained at Neutral by Citigroup

Illumina Inc. Stock Outperforms Competitors Despite Losses On The Day

BUZZ-US medical device makers fall as China retaliates to US tariffs

Here's Why Illumina (ILMN) is a Strong Value Stock

Stock Track | Illumina Plummets 5.04% as U.S. Health Agency Cuts Threaten Life Sciences Sector

Illumina Inc. Stock Outperforms Competitors On Strong Trading Day

Illumina Inc. Stock Underperforms Tuesday When Compared To Competitors

Argus cuts Illumina target, sees buying opportunity

Analysts Are Bullish on These Healthcare Stocks: Illumina (ILMN), Arcellx Inc (ACLX)

Illumina Inc. Stock Underperforms Friday When Compared To Competitors

Promising Genomics & Synthetic Biology Stocks to Consider in 2025

Illumina Inc. Stock Falls 5.4%, Underperforms Competitors

Activist Investors Seize More Control of Illumina Amid Weakness

Illumina Names Scott Gottlied as Non-Executive Board Chair; Corvex's Keith Meister Joins Board

MT Newswires Live

Illumina Board Of Directors Elects Dr. Scott Gottlieb Chair, Keith Meister To Join Board Of Directors

Illumina shares rise on WSJ report activist investor Meister will join board

Illumina Board of Directors Elects DR. Scott Gottlieb Chair, Keith Meister to Join Board of Directors

THOMSON REUTERS

Illumina Inc - Stephen Macmillan to Retire From Illumina Board

THOMSON REUTERS

Press Release: Illumina Board of Directors elects Dr. Scott Gottlieb Chair, Keith Meister to join Board of Directors

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Stock Outperforms Competitors Despite Losses On The Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2525532657","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525532657?lang=en_us&edition=fundamental","pubTime":"2025-04-05 05:22","pubTimestamp":1743801720,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Illumina Inc.  slipped 2.96% to $74.16 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 5.97% to 5,074.08 and Dow Jones Industrial Average  falling 5.50% to 38,314.86.This was the stock's second consecutive day of losses.Illumina Inc. closed 52.66% short of its 52-week high of $156.66, which the company achieved on November 5th.The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Labcorp Holdings Inc.  fell 3.62% to $225.00, Charles River Laboratories International Inc.  fell 2.89% to $136.90, and Quest Diagnostics Inc.  fell 3.78% to $164.18.Trading volume  eclipsed its 50-day average volume of 2.7 M.Data source: Dow Jones Market Data, FactSet. 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The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.Why Investors Should Pay Attention to This Value Stock. Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.This article originally published on Zacks Investment Research .","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/heres-why-illumina-ilmn-strong-134009849.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","BK4535","BK4121","ILMN","BK4534","BK4588","BK4548"],"gpt_icon":0},{"id":"1129395537","title":"Stock Track | Illumina Plummets 5.04% as U.S. Health Agency Cuts Threaten Life Sciences Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1129395537","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1129395537?lang=en_us&edition=fundamental","pubTime":"2025-04-03 22:42","pubTimestamp":1743691373,"startTime":"0","endTime":"0","summary":"Illumina , a leading genetic sequencing specialist, saw its stock plummet 5.04% in Thursday's trading session amid growing concerns over the Trump administration's sweeping budget cuts and layoffs at key U.S. health agencies. The move reflects broader worries about the future of research funding and drug approvals in the life sciences sector.The sharp decline comes as the U.S. government began laying off 10,000 workers at health agencies, including the Centers for Disease Control and Prevention ","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Stock Track | Illumina Plummets 5.04% as U.S. Health Agency Cuts Threaten Life Sciences Sector","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["ILMN"],"gpt_icon":1},{"id":"2524444128","title":"Illumina Inc. Stock Outperforms Competitors On Strong Trading Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2524444128","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524444128?lang=en_us&edition=fundamental","pubTime":"2025-04-03 05:29","pubTimestamp":1743629340,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Illumina Inc.  advanced 4.45% to $81.88 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index  rising 0.67% to 5,670.97 and the Dow Jones Industrial Average  rising 0.56% to 42,225.32.The stock's rise snapped a six-day losing streak.Illumina Inc. closed 47.73% below its 52-week high of $156.66, which the company reached on November 5th.The stock outperformed some of its competitors Wednesday, as Labcorp Holdings Inc.  rose 1.60% to $236.37, Charles River Laboratories International Inc.  rose 2.25% to $149.28, and Quest Diagnostics Inc.  fell 0.78% to $167.96.Trading volume  remained 791,539 below its 50-day average volume of 2.7 M.Data source: Dow Jones Market Data, FactSet. Data compiled April 2, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently fr","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ILMNV","ILMN"],"gpt_icon":0},{"id":"2524124044","title":"Illumina Inc. Stock Underperforms Tuesday When Compared To Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2524124044","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524124044?lang=en_us&edition=fundamental","pubTime":"2025-04-02 05:27","pubTimestamp":1743542820,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Illumina Inc.  slid 1.20% to $78.39 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index  rising 0.38% to 5,633.07 and the Dow Jones Industrial Average  falling 0.03% to 41,989.96.This was the stock's sixth consecutive day of losses.Illumina Inc. closed 49.96% short of its 52-week high of $156.66, which the company reached on November 5th.The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Labcorp Holdings Inc.  fell 0.04% to $232.65, Charles River Laboratories International Inc.  fell 3.01% to $145.99, and Quest Diagnostics Inc.  rose 0.05% to $169.28.Trading volume  remained 814,068 below its 50-day average volume of 2.7 M.Data source: Dow Jones Market Data, FactSet. Data compiled April 1, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketW","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ILMNV","ILMN"],"gpt_icon":0},{"id":"2524927588","title":"Argus cuts Illumina target, sees buying opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2524927588","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524927588?lang=en_us&edition=fundamental","pubTime":"2025-04-01 00:10","pubTimestamp":1743437437,"startTime":"0","endTime":"0","summary":"Argus lowered the firm’s price target on Illumina (ILMN) to $100 from $170 and keeps a Buy rating on the shares. The stock has fallen significantly...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/argus-cuts-illumina-target-sees-buying-opportunity?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/argus-cuts-illumina-target-sees-buying-opportunity?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4585","BK4535","BK4121","ILMN","BK4534","BK4588","BK4548"],"gpt_icon":0},{"id":"2524273279","title":"Analysts Are Bullish on These Healthcare Stocks: Illumina (ILMN), Arcellx Inc (ACLX)","url":"https://stock-news.laohu8.com/highlight/detail?id=2524273279","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524273279?lang=en_us&edition=fundamental","pubTime":"2025-04-01 00:10","pubTimestamp":1743437416,"startTime":"0","endTime":"0","summary":"There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Illumina (ILMN – Research Report) and Arcellx Inc (A...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-are-bullish-on-these-healthcare-stocks-illumina-ilmn-arcellx-inc-aclx?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-are-bullish-on-these-healthcare-stocks-illumina-ilmn-arcellx-inc-aclx?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4585","ACLX","BK4548","ILMN","BK4137","BK4121","BK4534","BK4535","BK4588","BK4139","HCSG"],"gpt_icon":0},{"id":"2523863624","title":"Illumina Inc. Stock Underperforms Friday When Compared To Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2523863624","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523863624?lang=en_us&edition=fundamental","pubTime":"2025-03-29 05:26","pubTimestamp":1743197160,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Illumina Inc.  shed 2.77% to $80.00 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 1.97% to 5,580.94 and Dow Jones Industrial Average  falling 1.69% to 41,583.90.This was the stock's fourth consecutive day of losses.Illumina Inc. closed 48.93% short of its 52-week high of $156.66, which the company reached on November 5th.The stock underperformed when compared to some of its competitors Friday, as Labcorp Holdings Inc.  fell 0.71% to $230.02, Charles River Laboratories International Inc.  fell 1.59% to $155.55, and Quest Diagnostics Inc.  rose 0.80% to $167.33.Trading volume  remained 1.2 million below its 50-day average volume of 2.7 M.Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is publishe","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ILMNV","ILMN"],"gpt_icon":0},{"id":"2522504802","title":"Promising Genomics & Synthetic Biology Stocks to Consider in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2522504802","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522504802?lang=en_us&edition=fundamental","pubTime":"2025-03-28 21:39","pubTimestamp":1743169140,"startTime":"0","endTime":"0","summary":"Genomics encompasses the study of a complete set of genes, their work process, and their way of interacting with each other and the environment. While it incorporates elements of genetics, the primary focus is on characterizing all the genes of an organism, rather than individual genes.The evolution of genomics in the last couple of decades to decode diseases has ushered in a revolutionary era in genetic medicine. There have been several breakthroughs in this field, attracting the attention of pharma and biotech companies. Of late, genomic information is being used to evaluate individual responses to drugs and facilitate the development of targeted therapies.Interestingly, genomics has paved the way for innovative concepts like synthetic biology, which applies engineering principles to biology. Synthetic biology products serve life sciences researchers across a variety of healthcare applications, including drug discovery, disease detection, enzyme engineering, gene editing and basic ac","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/promising-genomics-synthetic-biology-stocks-133900631.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4504","LU1551013425.SGD","NGS","LU0234572021.USD","BK4581","BK4179","BEAM","IE00BSNM7G36.USD","LU0320765646.SGD","LU2756315318.SGD","ILMN","SG9999001440.SGD","LU0823411888.USD","LU1496350171.SGD","LU0820561818.USD","LU1914381329.SGD","BK4585","BK4535","RNA","BK4566","LU0689472784.USD","LU1496350502.SGD","LU1929549753.HKD","IE00BWXC8680.SGD","NTLA","BK4556","CRSP","LU0354030511.USD","LU2756315664.SGD","IE00BKVL7J92.USD","LU0079474960.USD","BK4533","WVE","LU1674673691.USD","SCD","LU0942090050.USD","LU1674673428.USD","LU0943347566.SGD","LU0868494617.USD","LU1989772840.SGD","LU1035775433.USD","LU0868494708.USD","LU1162221912.USD","LU1861559042.SGD","LU1861558580.USD","HD","TWST","IE00B1XK9C88.USD","BK4548","LU0820562030.AUD"],"gpt_icon":0},{"id":"2522353915","title":"Illumina Inc. Stock Falls 5.4%, Underperforms Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2522353915","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522353915?lang=en_us&edition=fundamental","pubTime":"2025-03-27 04:34","pubTimestamp":1743021240,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Illumina Inc. slipped 5.4% to $82.83 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.1% to 5,712.20 and Dow Jones Industrial Average falling 0.3% to 42,454.79.This was the stock's second consecutive day of losses.Illumina Inc. closed 47.1% short of its 52-week high of $156.66, which the company achieved on November 5th.The stock underperformed when compared to some of its competitors, as Labcorp Holdings Inc. fell 0.5% to $233.34, Charles River Laboratories International Inc. fell 1.9% to $158.25, and Quest Diagnostics Inc. rose 0.58% to $166.62.Trading volume totaled 2.1 million, compared to the 50-day average of 2.7 million.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ILMNV","ILMN"],"gpt_icon":0},{"id":"2522005315","title":"Activist Investors Seize More Control of Illumina Amid Weakness","url":"https://stock-news.laohu8.com/highlight/detail?id=2522005315","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522005315?lang=en_us&edition=fundamental","pubTime":"2025-03-25 22:37","pubTimestamp":1742913424,"startTime":"0","endTime":"0","summary":"Illumina has been struggling, and activist investors have taken the chance to increase their influence in the company.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/activist-investors-seize-more-control-of-illumina-amid-weakness?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/activist-investors-seize-more-control-of-illumina-amid-weakness?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4585","BK4211","BK4535","BK4121","ILMN","ISBC","BK4534","BK4588","BK4548"],"gpt_icon":0},{"id":"2522071448","title":"Illumina Names Scott Gottlied as Non-Executive Board Chair; Corvex's Keith Meister Joins Board","url":"https://stock-news.laohu8.com/highlight/detail?id=2522071448","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522071448?lang=en_us&edition=fundamental","pubTime":"2025-03-25 21:22","pubTimestamp":1742908943,"startTime":"0","endTime":"0","summary":"Illumina  said Tuesday Scott Gottlieb has been elected non-executive chair of its board.Gottlieb has been on the board since 2020, the biotechnology company said.Illumina also said Corvex Management's Chief Investment Officer Keith Meister will join its board on Friday. The hedge fund holds a 2.5% stake in Illumina, the Wall Street Journal reported citing people familiar with the matter.Hologic  CEO Stephen MacMillan, who had joined Illumina's board in June 2023, has decided to retire from the board in preparation for the company's upcoming annual meeting of stockholders, Illumina said.ILMN shares were 1.5% higher ahead of Tuesday's opening bell.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1923622614.USD","LU0823416689.USD","LU2125909593.SGD","BK4534","BK4082","BK4588","LU1951200564.SGD","BK4535","HOLX","LU2433249047.HKD","BK4121","ILMN","BK4548","LU2125909247.SGD","LU1951198990.SGD","BK4585","LU1923623000.USD"],"gpt_icon":0},{"id":"2522079490","title":"Illumina Board Of Directors Elects Dr. Scott Gottlieb Chair, Keith Meister To Join Board Of Directors","url":"https://stock-news.laohu8.com/highlight/detail?id=2522079490","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522079490?lang=en_us&edition=fundamental","pubTime":"2025-03-25 21:12","pubTimestamp":1742908373,"startTime":"0","endTime":"0","summary":"March 25 (Reuters) - Illumina Inc ::*ILLUMINA BOARD OF DIRECTORS ELECTS DR. SCOTT GOTTLIEB CHAIR, KEITH MEISTER TO JOIN BOARD OF DIRECTORS*ILLUMINA INC - STEPHEN MACMILLAN TO RETIRE FROM ILLUMINA BOAR","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250325:nRSD55f97C:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","BK4548","ILMN","BK4121","BK4534","BK4535","BK4588"],"gpt_icon":0},{"id":"2522072979","title":"Illumina shares rise on WSJ report activist investor Meister will join board","url":"https://stock-news.laohu8.com/highlight/detail?id=2522072979","media":"Investing.com","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522072979?lang=en_us&edition=fundamental","pubTime":"2025-03-25 21:10","pubTimestamp":1742908237,"startTime":"0","endTime":"0","summary":"Investing.com --Illumina shares rose over 2% premarket on Tuesday, following a Wall Street Journal report that activist investor Keith Meister would join the company’s board of directors.According to the WSJ, Meister’s hedge fund, Corvex Management, holds a 2.5% stake in the gene-sequencing leader. Meister is expected to focus on growth and improved margins.The board changes, including the appointment of Meister and current board member Scott Gottlieb as chairman, are set to take effect on Friday, the WSJ reports.Meister’s Corvex Management first invested in Illumina  in 2023 and has been a supporter of the company’s leadership, particularly its CEO, while urging better execution and predictable, profitable growth, said WSJ.The move comes amid challenges for Illumina, including antitrust concerns and a proxy fight with investor Carl Icahn.The company also recently faced geopolitical issues, with the U.S.-China tariff conflict affecting its sales.Earlier this month, Illumina revised its","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/illumina-shares-rise-wsj-report-131037957.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4534","BK4535","BK4588","BK4548","BK4585","ILMN","BK4121"],"gpt_icon":0},{"id":"2522207614","title":"Illumina Board of Directors Elects DR. 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Scott Gottlieb, MD, has been elected non-executive Chair of Illumina's Board. Dr. Gottlieb has served on the Board of Directors since 2020. Additionally, Keith Meister, founder, Managing Partner, and Chief Investment Officer of Corvex Management, will join the Board of Directors on March 28, 2025. Stephen MacMillan, Chairman, President, and CEO of Hologic, who joined the Illumina Board in June 2023, has decided to retire from the board in preparation for the company's upcoming annual meeting of shareholders.Scott Gottlieb was appointed to Illumina's Board in February 2020. Dr. Gottlieb is a physician and served as the 23rd Commissioner of the U.S. Food and Drug Administration from 2017 to 2019. 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