Volume / Price Alert: INCY

Posted on Tuesday 28 February 2006



INCY is a stock to keep on your radar screens for Tuesday. It traded up over 10% on heavy volume (2.5 million shares traded versus normal daily average of 738k). INCY closed the regular session at $6.09, after gapping up to $5.91. INCY has a 52 week high of $9.10, and a 52 week low of $3.88. Why was INCY up on Monday? We see no specific news, only that some investors or investors wanted into the stock, and soaked up a bunch of the available supply. We’ll keep an eye on this one for Tuesday.



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