Everest Re Group Ltd. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones2023-06-29

DJ Everest Re Group Ltd. Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Everest Re Group Ltd. $(RE)$ shed 1.49% to $332.87 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.04% to 4,376.86 and Dow Jones Industrial Average falling 0.22% to 33,852.66.

This was the stock's fourth consecutive day of losses.

Everest Re Group Ltd. closed $62.13 below its 52-week high ($395.00), which the company achieved on February 9th.

The stock underperformed when compared to some of its competitors Wednesday, as Marsh & McLennan Cos. $(MMC)$ fell 0.13% to $183.33 and Progressive Corp. $(PGR)$ fell 0.72% to $131.69.

Trading volume (469,301) eclipsed its 50-day average volume of 423,479.

Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

June 28, 2023 17:16 ET (21:16 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment