Illumina (ILMN +1.1%) trades higher on chatter that an activist investor movement may be afoot...

|By:, SA News Editor

Illumina (ILMN +1.1%) trades higher on chatter that an activist investor movement may be afoot and ongoing speculation on the firm's deal with Roche (RHHBY.PK). Trader Karen Finerman dissects the semantics of a recent statement from Roche on its merger bid to translate that the phrase "ready to commence discussions" equates to we’ll pay more.