DJ Everest Re Group Ltd. Stock Falls Monday, Underperforms Market
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Shares of Everest Re Group Ltd. $(RE)$ shed 1.65% to $339.97 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.45% to 4,328.82 and Dow Jones Industrial Average falling 0.04% to 33,714.71.
This was the stock's second consecutive day of losses.
Everest Re Group Ltd. closed $55.03 short of its 52-week high ($395.00), which the company reached on February 9th.
The stock underperformed when compared to some of its competitors Monday, as Marsh & McLennan Cos. $(MMC)$ fell 0.41% to $182.98 and Progressive Corp. $(PGR)$ fell 0.62% to $131.95.
Trading volume (532,502) eclipsed its 50-day average volume of 422,102.
Data source: Dow Jones Market Data, FactSet. Data compiled June 26, 2023.
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(END) Dow Jones Newswires
June 26, 2023 17:16 ET (21:16 GMT)
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