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#MoneyBeat Stocks to Watch: Incyte, JPMorgan, Boeing, WageWorks

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NocRoom    0

Here are some of the companies with shares expected to trade actively in Friday’s session. Stock movements reflect premarket trading.

IncyteDown 21%: The biopharmaceutical company said it was ending a study with Merck & Co. that evaluated a combination of treatments for skin cancer. Merck shares were down 1.4%.

JPMorgan ChaseDown 1%: While CEO Jamie Dimon struck an optimistic tone about the bank’s growth prospects in his annual shareholder letter published Thursday, he cited concerns including cybersecurity and the proliferation of exchange-traded funds.

BoeingDown 1.9%: The company’s stock was jolted this week by clashes between the U.S. and China on trade. A Thursday disclosure by the National Aeronautics and Space Administration suggested that a two-person flight in Boeing commercial crewed capsule to the international space station is likely to be pushed back and expanded.

WageWorksDown 4.2%: The company shuffled its top management Thursday and said it will amend financial results for the past two years after an audit found material weaknesses.

NetAppDown 4.2% in low-volume trade: Multiple research firms raised their price targets for NetApp after the company’s investor conference this week. NetApp boosted its dividend and plans to buy back $4 billion of its shares. Shares are up 14% this year.

Micron TechnologyDown 3.8%: Shares of the highflying chip company fell 6.7% Thursday after UBS analysts initiated coverage with a sell rating and $35 price target.

This is an expanded version of the “Stocks to Watch” section of our Morning MoneyBeat newsletter. To receive it every morning via email, click here: https://www.wsj.com/newsletters?sub=263


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