DJ Elevance Health Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Elevance Health Inc. (ELV) inched 0.32% higher to $543.66 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.16% to 5,471.05 and the Dow Jones Industrial Average rising 1.20% to 40,829.59.
The stock's rise snapped a three-day losing streak.
Elevance Health Inc. closed $23.60 short of its 52-week high ($567.26), which the company achieved on September 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as UnitedHealth Group Inc. $(UNH)$ fell 0.47% to $594.10, Cigna Group $(CI)$ rose 1.17% to $357.61, and Humana Inc. $(HUM)$ fell 3.94% to $343.76.
Trading volume (603,547) remained 392,400 below its 50-day average volume of 995,947.
Data source: Dow Jones Market Data, FactSet. Data compiled September 9, 2024.
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(END) Dow Jones Newswires
September 09, 2024 16:40 ET (20:40 GMT)
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