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Illumina is crashing after giving investors terrible news about its revenue (ILMN, PACB)

Shares of Illumina plunged 25% in early trading on Tuesday after the company announced preliminary third-quarter results that missed both its earlier guidance and what analysts were expecting. The biotech company said after the market close on Monday that it earned about $607 million in revenue last quarter, while analysts had forecast $628.2 million, according to Bloomberg.
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