DJ Labcorp Holdings Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Labcorp Holdings Inc. $(LH)$ inched 0.85% higher to $229.11 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.23% to 5,782.76 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
This was the stock's second consecutive day of gains.
Labcorp Holdings Inc. closed $10.39 short of its 52-week high ($239.50), which the company achieved on October 24th.
The stock underperformed when compared to some of its competitors Tuesday, as IQVIA Holdings Inc. $(IQV)$ rose 1.28% to $212.87 and Centene Corp. $(CNC)$ rose 1.54% to $64.80.
Trading volume (395,248) remained 149,725 below its 50-day average volume of 544,973.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2024.
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(END) Dow Jones Newswires
November 05, 2024 17:11 ET (22:11 GMT)
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