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Why Incyte's Q1 Loss Isn't As Bad As It Looks


Like most stocks, Incyte (NASDAQ: INCY) plunged during the market crash that began in late February and extended into March. But Incyte has rebounded more strongly than most, with its shares up by a double-digit percentage year to date.

The biotech reported its first-quarter results before the market opened on Tuesday, with some good news and some bad news. Here are the highlights from Incyte's Q1 update.

Image source: Getty Images.

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Source Fool.com

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