CVS – CVS Health Corp. stock falls Friday, underperforms market
Shares of CVS Health Corp.
dropped 0.84% to $82.36 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.54% to 4,395.26 and Dow Jones Industrial Average
falling 0.42% to 34,935.47. This was the stock’s third consecutive day of losses. CVS Health Corp. closed $8.25 short of its 52-week high ($90.61), which the company reached on May 24th.
The stock underperformed when compared to some of its competitors Friday, as Walgreens Boots Alliance Inc.
rose 0.23% to $47.15 and Cigna Corp.
rose 0.24% to $229.49. Trading volume (5.9 M) eclipsed its 50-day average volume of 5.4 M.