), with the latter down more than 4% as it continues its fight with regulators to save the deal to acquire cancer startup Grail.
Illumina Inc on Monday appealed against a Federal Trade Commission order that demanded the company unwind its $7 billion acquisition of Grail. Boeing , a major dow component, was also a big drag on the market falling less than 1% after the aircraft maker said it would delay deliveries of its 737 Dreamliner jets, citing a production flaw.Coinbase Global) accusing the cryptocurrency platform of breaking U.S. regulations, sending its shares 12% lower.
The move comes just a day after the SEC sued Binance, alleging multiple security violations including misappropriating customer funds.
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