UnitedHealth Group Inc. stock falls Tuesday, underperforms market
Shares of UnitedHealth Group Inc.
shed 1.45% to $373.56 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.32% to 3,958.55 and Dow Jones Industrial Average
falling 0.31% to 33,066.96. The stock’s fall snapped an eight-day winning streak. UnitedHealth Group Inc. closed $6.94 below its 52-week high ($380.50), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Tuesday, as Anthem Inc.
fell 1.43% to $364.09, Humana Inc.
rose 0.27% to $425.71, and Centene Corp.
fell 0.40% to $65.38. Trading volume (3.0 M) remained 388,373 below its 50-day average volume of 3.4 M.