Shares of Illumina Inc. /zigman2/quotes/203509482/composite ILMN -0.26% slid 0.32% to $433.20 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.32% rising 1.21% to 4,448.98 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.37% rising 1.48% to 34,764.82. This was the stock's fifth consecutive day of losses. Illumina Inc. closed $122.57 short of its 52-week high ($555.77), which the company reached on February 12th.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +1.40% rose 0.26% to $608.23, Danaher Corp. /zigman2/quotes/210555154/composite DHR +1.31% rose 0.28% to $325.03, and Agilent Technologies Inc. /zigman2/quotes/207081878/composite A +0.75% rose 0.19% to $172.77. Trading volume (1.1 M) eclipsed its 50-day average volume of 700,913.