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S&P 500
5,867.49
(
-1.37%
)
US TECH 100
19,825.20
(
-2.57%
)
Dow Jones
43,453.75
(
-0.68%
)
Brent Oil
70.88
(
-1.85%
)
Bitcoin
90,826.92
(
3.99%
)
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poorgradstudent

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poorgradstudent

Re: None

Monday, 08/17/2009 3:03:38 PM

Monday, August 17, 2009 3:03:38 PM

Post# of 253620
INCY:

Looks like the market is signaling some type of news for INCY again. Two possibilities come to mind:

1. Some type of partnering agreement for one of their pipeline drugs. They've talked about trying to license out a diabetes drug and an ex-USA deal on their myelofibrosis drug.

2. They have financing issues that require attention, so there may be something afoot in this area.

It's up ~8-10% today, for those that like to play these types of volume / share price moves one way or the other.
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