Cigna Corp. stock falls Thursday, underperforms market
Shares of Cigna Corp.
shed 2.61% to $209.34 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 2.45% to 3,829.34 and Dow Jones Industrial Average
falling 1.75% to 31,402.01. The stock’s fall snapped a three-day winning streak. Cigna Corp. closed $21.56 short of its 52-week high ($230.90), which the company achieved on January 21st.
The stock underperformed when compared to some of its competitors Thursday, as UnitedHealth Group Inc.
fell 1.01% to $328.87, Anthem Inc.
fell 1.81% to $300.24, and Humana Inc.
fell 0.21% to $380.59. Trading volume (1.6 M) remained 264,130 below its 50-day average volume of 1.9 M.