Illumina (ILMN) Should Consider a Stock Split (Hits New 52-week/All-time High)

Illumina (ILMN) hit yet another 52-week (and all-time) high of $177.33 this morning (02014.02.24). Illumina executed a 2:1 stock split during September of 02008 and think it's time they consider doing that again. Hmm... Let's make a 3:1 split this time.

This morning Illumia issued a press release that started with the following paragraph.

Science for Life Laboratory (SciLifeLab) in Sweden has joined the Illumina Genome Network (IGN) to provide researchers with broader access to Illumina’s whole genome sequencing technology. SciLifeLab is the first IGN partner in Europe and will initiate a national large-scale population sequencing program seeking to identify genetic causes of human diseases.