DJ Universal Health Services Inc. Cl B Stock Underperforms Wednesday When Compared To Competitors
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Shares of Universal Health Services Inc. Cl B $(UHS)$ slid 4.08% to $203.52 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's fall snapped a three-day winning streak.
Universal Health Services Inc. Cl B closed $39.73 short of its 52-week high ($243.25), which the company reached on September 24th.
The stock underperformed when compared to some of its competitors Wednesday, as Select Medical Holdings Corp. (SEM) rose 3.01% to $38.33, Community Health Systems Inc. (CYH) remained unchanged, and Pediatrix Medical Group Inc. (MD) rose 4.69% to $16.08.
Trading volume (1.4 M) eclipsed its 50-day average volume of 754,053.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:18 ET (22:18 GMT)
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