DJ Incyte Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Incyte Corp. $(INCY)$ slumped 0.08% to $73.13 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's fall snapped a five-day winning streak.
Incyte Corp. closed $10.82 short of its 52-week high ($83.95), which the company reached on November 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Alnylam Pharmaceuticals Inc. $(ALNY)$ rose 1.95% to $240.55.
Trading volume (1.6 M) remained 632,793 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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January 08, 2025 17:21 ET (22:21 GMT)
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