Illumina stock plunges more than 14% after genetics company lowers guidance

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Illumina Inc. shares plunged more than 14% in the extended session Thursday after the company reported preliminary revenue for the fiscal second quarter and...

Illumina Inc.

shares plunged more than 14% in the extended session Thursday after the company reported preliminary revenue for the fiscal second quarter and updated its 2019 revenue guidance. The company said it expects second-quarter revenue of $835 million, versus $830 million in the year-ago period.

 

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