Any ideas on why ILMN has gone up 15% in the last week and a half or so? I guess maybe it could just be speculation ahead of earnings on Thursday but it seems like that would be a risk ahead of what I am assuming will continue to be a rough year for earnings. Any thoughts? Anything spicy being announced later this week?
6 replies (most recent on top)
false optimism
see it now the results are actually out
Carl Ican bought a bunch of stock back this April. That was ODD. Must mean the board is scheming something in the offing.
Because its going to 140+, next stop. Undervalued, profitable.
Probably in anticipation of rate cuts
Because I willed it thus.
There were news stories about Cathie Wood buying ILMN.