DJ Labcorp Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Labcorp Holdings Inc. $(LH)$ rose 1.35% to $249.99 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.39% to 6,061.48 and the Dow Jones Industrial Average rising 0.71% to 44,873.28.
The stock's rise snapped a three-day losing streak.
Labcorp Holdings Inc. closed 3.33% short of its 52-week high of $258.59, which the company reached on January 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as IQVIA Holdings Inc. $(IQV)$ rose 2.70% to $205.44, Centene Corp. $(CNC)$ fell 0.91% to $60.73, and Teladoc Health Inc. (TDOC) rose 5.77% to $11.00.
Trading volume (872,265) eclipsed its 50-day average volume of 534,996.
Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025.
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(END) Dow Jones Newswires
February 05, 2025 17:09 ET (22:09 GMT)
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