DJ Elevance Health Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Elevance Health Inc. (ELV) rallied 1.11% to $435.68 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
This was the stock's second consecutive day of gains.
Elevance Health Inc. closed 23.20% below its 52-week high of $567.26, which the company achieved on September 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as UnitedHealth Group Inc. $(UNH)$ rose 4.60% to $578.50, Cigna Group $(CI)$ rose 1.96% to $319.99, and Humana Inc. $(HUM)$ rose 1.27% to $285.53.
Trading volume (2.4 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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(END) Dow Jones Newswires
April 09, 2025 16:38 ET (20:38 GMT)
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