DJ Elevance Health Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Elevance Health Inc. (ELV) sank 0.01% to $366.26 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's third consecutive day of losses.
Elevance Health Inc. closed $201.00 below its 52-week high ($567.26), which the company reached on September 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as UnitedHealth Group Inc. $(UNH)$ rose 2.92% to $499.72, Cigna Group $(CI)$ rose 6.33% to $282.41, and Humana Inc. $(HUM.UK)$ rose 2.55% to $239.85.
Trading volume (2.2 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:45 ET (21:45 GMT)
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