Movers Roundup: Incyte, Marvell Technology

Among the stock activity stories for Friday, May 29, from AP Financial News:

NEW YORK (AP) — Shares of Incyte Corp. climbed after the company gave Wall Street more details about the planned design of a trial for a drug designed to treat myelofibrosis, a bone marrow disease.

NEW YORK (AP) — Shares of Marvell Technology Group Ltd. dropped after the chip maker posted a loss for its fiscal first quarter, and several analysts recommended investors wait for more concrete signs that demand is returning before buying the stock.

NEW YORK (AP) — Shares of Wet Seal Inc. dropped after the company said profit fell 44 percent on weak sales and offered a second-quarter outlook below expectations.