Illumina and Life Technologies: Genomes in a Day

Yesterday (02012.01.10) was quite a day for genomic stocks. Illumina (ILMN) previous close was $31.82. It opened down at $29.57 and fell to an intra-day low of $28.72, then it climbed to an intra-day high of $33.84 before closing at $33.01. Volume was almost 13 million compared to a trailing-3-month average of 2.8 million. The news? Life Technologies Corp. and Illumina Inc. unveiled rival genetic-sequencing machines that both say can map a person’s genome in a single day.

Life Technologies is not a GDT::Portfolio stocks, but Illumina is. Illumina.com::Illumina Introduces the HiSeq 2500

Forbes.com::Biotech Firms Battle Over Same Day Genomes