DJ Elevance Health Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Elevance Health Inc. (ELV) inched 0.83% higher to $397.48 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
Elevance Health Inc. closed $169.78 short of its 52-week high ($567.26), which the company reached on September 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as UnitedHealth Group Inc. $(UNH)$ rose 4.07% to $600.50, Cigna Group $(CI)$ rose 0.28% to $323.39, and Humana Inc. $(HUM)$ rose 5.83% to $293.97.
Trading volume (2.4 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:43 ET (21:43 GMT)
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