Facebook, Incyte Fall Despite the Nasdaq's Strong Wednesday Start

·3-min read
Facebook, Incyte Fall Despite the Nasdaq's Strong Wednesday Start

The stock market got off to a strong start on Wednesday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) benefited from more positive sentiment on Wall Street. As of 10 a.m. EDT, the Nasdaq was up more than half a percent, continuing to claw back some of the ground it lost in Monday's large sell-off. Both Facebook (NASDAQ: FB) and Incyte (NASDAQ: INCY) moved lower on Wednesday morning, reacting to news items that for one of the companies seemed more positive than problematic.

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