Illumina Makes Big Move Ahead Of Obama’s Address

By | January 20, 2015

Scalper1 News

Just one week ahead of its quarterly earnings, Illumina’s (ILMN) stock is making a big move. Shares jumped 7% on the stock market today, retaking its 50-day line in above-average volume. There’s anticipation that President Obama will announce during his State of the Union address a new government initiative to sequence 1 million genomes, which would be largely beneficial to Illumina since it dominates that market. Check out the above video for Scalper1 News

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