Shares of Illumina Inc. /zigman2/quotes/203509482/composite ILMN +0.10% dropped 0.11% to $378.51 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.76% rising 0.39% to 4,700.90 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.57% rising 0.15% to 36,142.22. This was the stock's eighth consecutive day of losses. Illumina Inc. closed $177.26 below 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 +0.45% rose 1.44% to $641.48, Danaher Corp. /zigman2/quotes/210555154/composite DHR +0.70% rose 1.97% to $305.59, and Agilent Technologies Inc. /zigman2/quotes/207081878/composite A +0.65% rose 2.29% to $161.39. Trading volume (749,730) remained 65,764 below its 50-day average volume of 815,494.