Cencora Inc. Stock Slips 5.9%, Underperforms Peers

Dow Jones04:34

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

Shares of Cencora Inc. shed 5.9% to $314.17 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.

The stock's fall snapped a two-day winning streak.

Cencora Inc. closed 16.8% short of its 52-week high of $377.54, which the company reached on November 25th.

The stock underperformed when compared to some of its peers, as Amazon.com Inc. fell 1.8% to $267.28, UnitedHealth Group Inc. rose 0.8% to $405.59, and CVS Health Corp. rose 1.30% to $94.72.

Trading volume totaled 2.6 million, compared to the 50-day average of 1.5 million.

Data source: Dow Jones Market Data, FactSet

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