DJ Incyte Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Incyte Corp. $(INCY)$ rose 1.39% to $62.78 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
This was the stock's fourth consecutive day of gains.
Incyte Corp. closed 25.22% short of its 52-week high of $83.95, which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Alnylam Pharmaceuticals Inc. $(ALNY)$ rose 2.60% to $290.70, Bio-Techne Corp. $(TECH)$ rose 0.76% to $61.07, and BioMarin Pharmaceutical Inc. $(BMRN)$ rose 1.05% to $71.99.
Trading volume (2.6 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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(END) Dow Jones Newswires
March 24, 2025 17:17 ET (21:17 GMT)
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