DJ Elevance Health Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Elevance Health Inc. (ELV) shed 0.75% to $539.46 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,618.26 and Dow Jones Industrial Average falling 0.25% to 41,503.10.
This was the stock's second consecutive day of losses.
Elevance Health Inc. closed $27.80 short of its 52-week high ($567.26), which the company achieved on September 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as UnitedHealth Group Inc. $(UNH)$ rose 0.47% to $580.65, Cigna Group $(CI)$ fell 0.24% to $355.39, and Humana Inc. $(HUM)$ rose 1.12% to $315.29.
Trading volume (839,076) remained 138,200 below its 50-day average volume of 977,276.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2024.
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(END) Dow Jones Newswires
September 18, 2024 16:41 ET (20:41 GMT)
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