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Illumina (ILMN) volatility low into preannounced lower Q2 revenue

July 2, 2009 8:00 AM EDT
ILMN Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

Revenue Growth %: -3.4%
Illumina (Nasdaq: ILMN) : Illumina is recently trading at $31.45 in pre-open trading, below its close of $38.14. ILMN lowered its Q2 revenue outlook. ILMN is a developer and marketer of next generation genotyping technology tools. ILMN July option implied volatility is at 37, August at 47, below its six month average of 55, according to Track Data. Paul Foster

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