Shares of Illumina Inc. /zigman2/quotes/203509482/composite ILMN -0.59% dropped 0.74% to $434.76 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% falling 0.08% to 4,354.19 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% falling 0.15% to 33,919.84. This was the stock's third consecutive day of losses. Illumina Inc. closed $121.01 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 Tuesday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +0.58% rose 1.16% to $597.04, Danaher Corp. /zigman2/quotes/210555154/composite DHR +0.85% rose 0.18% to $324.70, and Agilent Technologies Inc. /zigman2/quotes/207081878/composite A +0.66% rose 0.06% to $171.44. Trading volume (766,931) eclipsed its 50-day average volume of 687,846.