CVS – Cardinal Health Inc. stock underperforms Tuesday when compared to competitors despite daily gains
Shares of Cardinal Health Inc.
inched 0.75% higher to $59.42 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.47% to 4,401.46 and Dow Jones Industrial Average
falling 0.24% to 35,058.52. Cardinal Health Inc. closed $3.54 short of its 52-week high ($62.96), which the company achieved on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as CVS Health Corp.
rose 0.93% to $83.64, McKesson Corp.
rose 0.80% to $204.12, and AmerisourceBergen Corp.
rose 0.51% to $121.41. Trading volume (1.5 M) remained 709,115 below its 50-day average volume of 2.2 M.