This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Incyte Corp. shed 8.6% to $62.01 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,675.12 and the Dow Jones Industrial Average rising 0.9% to 41,841.63.
Incyte Corp. closed 26.1% below its 52-week high of $83.95, which the company reached on November 8th.
The stock underperformed when compared to some of its competitors, as Alnylam Pharmaceuticals Inc. rose 4.7% to $253.11, Bio-Techne Corp. rose 0.7% to $62.58, and BioMarin Pharmaceutical Inc. rose 3.04% to $71.55.
Trading volume totaled 5.2 million, compared to the 50-day average of 1.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 17, 2025 16:33 ET (20:33 GMT)
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