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Illumina Inc. (ILMN) Is Up Sharply On News It Will Join S&P 500

It was announced after the bell Thursday that Illumina Inc. (ILMN) will replace Sigma-Aldrich Corp. (SIAL) in the S&P 500 index after the close of trading on Wednesday, November 18.

Illumina has gapped open sharply higher Friday morning and is now up 7.93 at $163.32. The stock has broken out of a week and a half long trading range and has set over a 1-month high.

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