Illumina Stock Gains 3% After CEO Resigns
<p><a href='https://financialmodelingprep.com/financial-summary/ILMN'>Illumina Inc (NASDAQ:ILMN)</a> shares rose more than 3% yesterday as CEO Francis deSouza resigned. Illumina's board accepted the resignation and named Charles Dadswell as interim CEO while they search for a successor. </p>
<p>The departure is seen as a win for activist investor Carl Icahn, who opposed Illumina's acquisition of Grail in 2021, claiming it cost investors billions. Illumina's stock has dropped 60% since the Grail acquisition. Icahn expressed satisfaction with the leadership change but felt it should have happened earlier.</p>

NASDAQ:ILMN