Shares of Incyte Corp. INCY inched 0.52% higher to $83.33 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 4,229.89 and the Dow Jones Industrial Average DJIA rising 0.52% to 34,756.39. This was the stock's second consecutive day of gains. Incyte Corp. closed $27.04 short of its 52-week high ($110.37), which the company achieved on July 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Pfizer Inc. PFE rose 0.46% to $39.15, Novartis AG ADR NVS rose 0.55% to $89.80, and Eli Lilly & Co. LLY fell 0.34% to $202.02. Trading volume (1.0 M) remained 77,198 below its 50-day average volume of 1.1 M.