Labcorp Holdings Inc. Stock Rallies 8.8%, Outperforms Peers

Dow Jones04:33

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

Shares of Labcorp Holdings Inc. rallied 8.8% to $360.25 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,743.98 and the Dow Jones Industrial Average rising 0.2% to 52,475.10.

This was the stock's third consecutive day of gains.

Labcorp Holdings Inc. hit a new 52-week high, surpassing its previous peak of $341.80, which the company reached on August 27th.

The stock outperformed some of its peers, as IQVIA Holdings Inc. rose 2.8% to $279.04, Centene Corp. fell 2.4% to $67.05, and Teladoc Health Inc. rose 6.67% to $6.88.

Trading volume totaled 1.8 million, compared to the 50-day average of 719,429.

Data source: Dow Jones Market Data, FactSet

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