DJ Elevance Health Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Elevance Health Inc. (ELV) slid 0.53% to $544.40 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.30% to 5,503.41 and Dow Jones Industrial Average falling 0.54% to 40,755.75.
This was the stock's second consecutive day of losses.
Elevance Health Inc. closed $22.86 short of its 52-week high ($567.26), which the company achieved on September 3rd.
Despite its losses, the stock outperformed some of its competitors Thursday, as UnitedHealth Group Inc. $(UNH)$ fell 1.44% to $595.49, Cigna Group $(CI)$ fell 3.14% to $355.12, and Humana Inc. $(HUM)$ fell 1.69% to $365.14.
Trading volume (741,280) remained 238,399 below its 50-day average volume of 979,679.
Data source: Dow Jones Market Data, FactSet. Data compiled September 5, 2024.
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(END) Dow Jones Newswires
September 05, 2024 16:41 ET (20:41 GMT)
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