UnitedHealth Group Inc. stock outperforms market despite losses on the day
Shares of UnitedHealth Group Inc.
slumped 0.53% to $332.87 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 1.31% to 3,819.72 and Dow Jones Industrial Average
falling 0.39% to 31,270.09. This was the stock’s second consecutive day of losses. UnitedHealth Group Inc. closed $35.08 below its 52-week high ($367.95), which the company reached on November 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Anthem Inc.
rose 0.98% to $314.71, Humana Inc.
fell 0.96% to $382.61, and Centene Corp.
fell 0.57% to $58.80. Trading volume (3.0 M) remained 263,674 below its 50-day average volume of 3.3 M.