DJ Labcorp Holdings Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Labcorp Holdings Inc. $(LH)$ rallied 1.19% to $237.30 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
This was the stock's third consecutive day of gains.
Labcorp Holdings Inc. closed 4.31% short of its 52-week high of $247.99, which the company reached on November 11th.
The stock outperformed some of its competitors Wednesday, as IQVIA Holdings Inc. $(IQV)$ fell 0.94% to $196.10 and Centene Corp. $(CNC)$ fell 0.39% to $63.15.
Trading volume (733,367) eclipsed its 50-day average volume of 569,417.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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(END) Dow Jones Newswires
January 15, 2025 17:47 ET (22:47 GMT)
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