These are the stocks posting the largest moves in premarket trading.
— The IT stock added 4.7% in Monday's premarket as investors awaited earnings for the fiscal fourth quarter expected after the bell.
Wolfe Research upgraded the stock to outperform from peer perform over the weekend, while Evercore ISI said on Friday that it anticipated a strong quarterly report and positive commentary around the cloud business. Evercore ISI, Barclays and JPMorgan all raised their respective price targets for the stock in recent days.
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Illumina announces CEO transition plan as Francis deSouza resignsIllumina announced its board of directors has accepted the resignation of CEO Francis deSouza Sunday.
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Illumina CEO Francis DeSouza resigns after battle with IcahnIllumina Chief Executive Officer Francis DeSouza stepped down on Sunday, the gene-sequencing machine maker said in a statement, ending a battle with activist investor Carl Icahn in which the company's chairman left the company earlier this year.
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Illumina CEO resigns following push by activist investor Carl Icahn to remove himResignation follows shareholder discontent around Illumina's acquisition of cancer diagnostic startup Grail
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Rocky history of Illumina's Grail dealGene-sequencing machine maker Illumina Inc has filed an appeal against an order from the U.S. Federal Trade Commission (FTC) that demands it divest cancer diagnostic test maker Grail Inc due to competition concerns.
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Illumina CEO resigns amid pressure from activist investor Carl IcahnGene sequencing test maker Illumina Inc. says its board has accepted the resignation of its CEO and director, Francis deSouza, effective immediately. The announcement was made Sunday. Charles Dadsw…
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