Illumina (ILMN) Takes a Precipitous Tumble; Amaya (AYA) Laid Its Cards on the Table
Shares of Illumina, Inc. (Nasdaq:ILMN) plunge by more than 22% in after-hours trading Monday as the company said that it now expects third quarter fiscal 2016 revenue of about $607 million, down from the previous revenue guidance range of between $625 million and $630 million, and below the Capital IQ Consensus Estimate of $628.26 million for the period
ILMN stock finished the regular session at $184.85, up $0.36 (or +0.20%) with a total volume of 1.65M shares traded during the day
Illumina, which provides sequencing and array-based solutions for genetic analysis, has 146.60M Shares Outstanding and ILMN stock 52-week range is from $127.10 to $196.47 per share. At close on Monday, the company had a Market Capitalization of $27.1B
Amaya, Inc. (Nasdaq:AYA) laid its cards on the table recently by confirming that it is in ongoing talks with British gambling giant William Hill PLC (LON:WMH) over a potential business combination in an all-stock merger of equals, but the PokerStars owner said there is no certainty a deal will be reached.
AYA stock closed in negative territory by 3.94% (or -$0.66) at $16.09, and 312,690 of its shares changed hands on Monday’s trading session
Amaya, which provides technology-based products and services to the global gaming and interactive entertainment industries, has 144.88M Shares Outstanding, Market Capitalization (intraday) of $2.36B and AYA stock one-year range is between $9.67 and $26.35 per share
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