Illumina’s stock has dropped dramatically in the last few months.
I have watched Illumina over the last six or seven years and their price has seemed to follow a continual upward trajectory. With the exception of a couple of hiccups, one of which was caused by the Paired End reagent problems in 2009. This time it looks like the global recession is finally starting to hit Genomics expenditure.
And just as we were all having so much fun!
The stock had been at $60-80 for most of the last year. But in July it dipped below $60 and by mid September was under $50.
Today it stands at $27.
Several of the investment companies have recently downgraded life science companies including Illumina as sales forecasts are not looking as stellar as they have in recent years. I am sure Illumina and Life are placing big bets on MiSeq and Ion. Illumina are only just starting to ship and if they can’t deliver in the volumes expected I think the banks won’t take that as a good sign. At least the PE issues were against a background of incredibly strong demand from users.
Life Technology has had a similar drop from $70 and is currently at $36.82.
Great post. Its very interesting and enjoyable. Its must be helpful for us. Thanks for sharing your nice post.
disable people
famous disabled people
Wow, Excellent post. This article is really very interesting and effective. I think its must be helpful for us. Thanks for sharing your informative.
mentalist
This article is efficient. Thank you for sharing it with us. I am visiting this blog on a daily basis and I am finding so much helpful article each time. Keep working on this and thank you once again. xnxx
Know like to have crazy muscles fast go my website
This comment has been removed by a blog administrator.
This comment has been removed by a blog administrator.
This comment has been removed by a blog administrator.
Need about como alcanzar el exito profesional go our website
http://www.bestbinarybroker.net" Binary options trading is nothing other than making a decision based on the price of a particular previously selected financial instrument. The trader has two choices as a basis: rising or falling prices. If, as a trader, you bet at an increasing rate, you acquire a call option; put options characterise falling prices.The binary trade underlying financial instrument is referred to as "underlying".
This comment has been removed by the author.