DJ Labcorp Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Labcorp Holdings Inc. $(LH)$ slumped 0.34% to $234.31 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's fall snapped a three-day winning streak.
Labcorp Holdings Inc. closed $13.68 short of its 52-week high ($247.99), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Wednesday, as IQVIA Holdings Inc. $(IQV)$ rose 0.82% to $204.32 and Centene Corp. $(CNC)$ rose 0.89% to $63.17.
Trading volume (439,145) remained 140,655 below its 50-day average volume of 579,800.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 17:14 ET (22:14 GMT)
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