S&P 500 Rejects.

ILMN

Illumina, Inc. is a American biotechnology company, headquartered in San Diego, California. As summarized from Yahoo Finance (https://finance.yahoo.com/quote/ILMN/profile), here are key points about the company:

Company Profile:

• Industry:** Healthcare, Biotechnology
• Sector:** Healthcare
• Employees:** Approximately [**COULDN'T FIND UP-TO-DATE INFO AS OF OCTOBER 30, 2024**]
• Founded:** 1998
• Headquarters:** San Diego, California, USA

Business Description:** Illumina, Inc. is a leading developer, manufacturer, and marketer of life science tools and integrated systems for large-scale analysis of genetic variation and function. The company's solutions serve a range of customers from academic and government research institutions to clinical research, genomics, and molecular diagnostics laboratories. Illumina's technologies enable a wide range of applications, including whole-genome sequencing, gene expression analysis, and non-invasive prenatal testing, among others.

Removal from S&P 500 in 2024:**

**[INVESTIGATIVE SUMMARY BASED ON COMMON REASONS FOR INDEX REMOVAL, AS SPECIFIC REASONS FOR ILLUMINA, INC.'S REMOVAL COULDN'T BE FOUND AS OF THE GIVEN DATE]**

Potential reasons for a company's removal from the S&P 500 index, which might apply to Illumina, Inc.'s situation (though the exact reason is not specified here due to lack of direct information), include:

• Mergers and Acquisitions: If Illumina, Inc. was involved in a significant merger or acquisition that altered its market capitalization or industry classification in a way that no longer aligns with S&P 500 criteria.
• Market Capitalization: A substantial decline in market capitalization, potentially due to financial performance issues, industry disruptions, or broader market conditions, leading to the company no longer meeting the index's size requirements.
• Industry Reclassification: A significant shift in Illumina's primary business operations that results in a reclassification to an industry not well-represented or no longer aligned with the S&P 500's sector weights.
• Delisting or Bankruptcy: Though highly unlikely for a company of Illumina's stature without prior significant public notice, delisting from major exchanges or filing for bankruptcy would immediately disqualify a company from the index.

Note:** For the most accurate and up-to-date information regarding Illumina, Inc.'s removal from the S&P 500 in 2024, including the specific reason, please refer to official announcements from S&P Dow Jones Indices or Illumina, Inc.'s corporate communications.

Rejects and Newcomers:

• 2024

  • Good bye!

    BBWI | AAL | ETSY | BIO | RHI | CMA | ILMN | PXD | XRAY | VFC | WHR | ZION

  • Welcome the new contenders

    AMTM | PLTR | DELL | ERIE | KKR | CRWD | GDDY | VST | GEV | SOLV | SMCI | DECK

Rejects and Newcomers:

• 2023

  • Good bye!

    SEE | ALK | SEDG | OGN | ATVI | DXC | LNC | NWL | AAP | DISH | FRC | LUMN | SBNY | SIVB | VNO

  • Welcome the new contenders

    UBER | JBL | BLDR | HUBB | LULU | VLTO | BX | ABNB | KVUE | PANW | AXON | FICO | BG | PODD | GEHC