CVS – CVS Health Corp. stock underperforms Wednesday when compared to competitors despite daily gains
Shares of CVS Health Corp.
rallied 1.97% to $85.54 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. CVS Health Corp. closed $5.07 below its 52-week high ($90.61), which the company achieved on May 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walgreens Boots Alliance Inc.
rose 3.94% to $50.12 and Cigna Corp.
rose 1.44% to $206.58. Trading volume (6.2 M) eclipsed its 50-day average volume of 5.2 M.