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PACB Pacific Biosciences of California Inc

1.91
0.08 (4.37%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pacific Biosciences of California Inc NASDAQ:PACB NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.08 4.37% 1.91 1.86 1.91 1.98 1.81 1.82 7,695,850 00:59:23

Pacific Biosciences Down 9% as FTC Challenges Sale to Illumina

17/12/2019 10:32pm

Dow Jones News


Pacific Biosciences of C... (NASDAQ:PACB)
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From May 2019 to May 2024

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By Josh Beckerman

 

Pacific Biosciences of California Inc. (PACB) shares fell 9% after hours to $4.85 as the Federal Trade Commission said it is challenging the company's $1.2 billion sale to Illumina Inc. (ILMN).

The deal was disclosed in November 2018. In January, Pacific Biosciences said the FTC requested additional information on the transaction.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

December 17, 2019 17:17 ET (22:17 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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