Illumina (ILMN) Descends on Q1 Forecast, Downgrade

Illumina, Inc. (NASDAQ: ILMN) shares fell 24.8% to $133.99 after the company issued a weak revenue forecast for the first quarter. Bank of America downgraded Illumina from buy to neutral. Share volume was 6.3 million, compared to an all-day average of 1.4 million