CVS Health Corp. Stock Slips 5.1%, Underperforms Peers

Dow Jones04:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of CVS Health Corp. slipped 5.1% to $99.12 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the S&P 500 Index falling 0.2% to 7,723.55.

This was the stock's second consecutive day of losses.

CVS Health Corp. closed 10.4% below its 52-week high of $110.68, which the company achieved on July 22nd.

The stock underperformed when compared to some of its peers, as Amazon.com Inc. fell 1.7% to $272.65, UnitedHealth Group Inc. rose 1.3% to $412.75, and Elevance Health Inc. rose 3.50% to $391.24.

Trading volume totaled 18.5 million, compared to the 50-day average of 7.8 million.

Data source: Dow Jones Market Data, FactSet

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