DJ Incyte Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Incyte Corp. $(INCY)$ slid 3.01% to $60.58 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
The stock's fall snapped a three-day winning streak.
Incyte Corp. closed 27.84% short of its 52-week high of $83.95, which the company achieved on November 8th.
Despite its losses, the stock outperformed some of its competitors Friday, as Alnylam Pharmaceuticals Inc. $(ALNY)$ fell 10.08% to $235.74, Bio-Techne Corp. $(TECH)$ fell 5.72% to $51.72, and BioMarin Pharmaceutical Inc. $(BMRN)$ fell 10.70% to $60.26.
Trading volume (3.7 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 17:12 ET (21:12 GMT)
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