DJ Incyte Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Incyte Corp. $(INCY)$ slipped 0.02% to $53.50 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.51% to 5,214.08 and the Dow Jones Industrial Average rising 0.85% to 39,387.76.
This was the stock's second consecutive day of losses.
Incyte Corp. closed $13.87 below its 52-week high ($67.37), which the company reached on January 4th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Alnylam Pharmaceuticals Inc. $(ALNY)$ fell 0.60% to $151.37.
Trading volume (1.4 M) remained 496,993 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2024.
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(END) Dow Jones Newswires
May 09, 2024 17:20 ET (21:20 GMT)
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