UnitedHealth Group Inc. stock outperforms market on strong trading day
Shares of UnitedHealth Group Inc.
inched 0.30% higher to $375.63 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. The stock’s rise snapped a two-day losing streak. UnitedHealth Group Inc. closed $4.87 below its 52-week high ($380.50), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Anthem Inc.
rose 1.00% to $362.62, Humana Inc.
rose 1.35% to $422.75, and Centene Corp.
rose 0.56% to $62.58. Trading volume (2.8 M) remained 598,010 below its 50-day average volume of 3.4 M.