Illumina up 9% following drop after Q2 earnings
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Illumina (NASDAQ:ILMN) has erased losses following its Q2 earnings posted after the closing bell on Aug. 11.
In early afternoon trading, shares areÂ up 9%.
On Friday, shares closedÂ down 8%.
Volume is also slightly higher than normal. As of 1210p ET, ~2.1M shares had traded hands. Average daily volume is ~1.5M shares.
The gene sequencing company also cut guidance for the year.