DJ Incyte Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Incyte Corp. $(INCY)$ shed 4.03% to $59.61 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.77% to 5,606.91 and Dow Jones Industrial Average falling 0.95% to 40,829.00.
This was the stock's second consecutive day of losses.
Incyte Corp. closed 28.99% short of its 52-week high of $83.95, which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Alnylam Pharmaceuticals Inc. $(ALNY)$ fell 1.37% to $269.81, Bio-Techne Corp. $(TECH)$ fell 4.18% to $47.72, and BioMarin Pharmaceutical Inc. $(BMRN)$ fell 3.90% to $59.64.
Trading volume (2.3 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2025.
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May 06, 2025 17:16 ET (21:16 GMT)
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