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Exact Sciences (EXAS) Stock Rising on Illumina Takeover Speculation

NEW YORK (TheStreet) -- Shares of Exact Sciences (EXAS) are up 6.19% to $13.38 today on reports that the company may be acquired by Illumina (ILMN), TheFlyreports.

The company only has one commercial offering, Cologuard. It is a DNA screening test for colorectal cancer.

Exact Sciences is currently collaborating with the Mayo Clinic on future DNA tests including lung, pancreatic and esophageal cancers.

Exact Sciences is a Madison, WI-based molecular diagnostics company, and...