Illumina (ILMN) shares fall 17.7% after Q3 2026 results and placement on China's Unreliable Entities List
FROM THE WIRE · FINANCE.YAHOO.COM
Why Illumina (ILMN) shares are getting obliterated today What happened? Shares of genomics company Illumina (NASDAQ:ILMN) fell 17.7% in the afternoon session after the company reported third-quarter 2026 financial results and highlighted impacts from being placed on China's…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA notable genomics stock lost much of its value after revenue missed estimates and China's listing weighed on sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Illumina reported third-quarter 2026 GAAP revenue of $1,129 million.
- 02Revenue came in below analysts' estimates of $1.15 billion.
- 03Adjusted earnings per share of $1.44 beat expectations of $1.36.
- 04The company was placed on China's Unreliable Entities List.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Illumina, Inc.235.99 USDMarket closedtoday -18.64%Negative Illumina Inc208.85 EURMarket closedtoday -18.62%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets