DJ Everest Re Group Ltd. Stock Falls Wednesday, Underperforms Market
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Shares of Everest Re Group Ltd. $(RE)$ slid 0.66% to $339.63 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.20% to 4,446.82 and Dow Jones Industrial Average falling 0.38% to 34,288.64.
The stock's fall snapped a three-day winning streak.
Everest Re Group Ltd. closed $55.37 short of its 52-week high ($395.00), which the company achieved on February 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Marsh & McLennan Cos. $(MMC)$ rose 0.33% to $186.03 and Progressive Corp. $(PGR)$ fell 0.87% to $131.43.
Trading volume (284,885) remained 149,647 below its 50-day average volume of 434,532.
Data source: Dow Jones Market Data, FactSet. Data compiled July 5, 2023.
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(END) Dow Jones Newswires
July 05, 2023 17:16 ET (21:16 GMT)
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