Incyte Corporation shares fall 1.32% intraday after Distalmotion and First Citizens Bank launch new financing program.

Incyte Corporation declined 1.32% in intraday trading. The company presented at the Wells Fargo 20th Annual event, where Distalmotion and First Citizens Bank announced a new financing program for the robotic surgery pioneer's U.S. customers. This news event is likely to have a positive impact on the company's future prospects, but the stock price movement suggests that the market may be reacting to other factors or the news has not yet been fully priced in.