DJ Everest Group Ltd. Stock Rises Wednesday, Still Underperforms Market
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Shares of Everest Group Ltd. (EG) inched 0.78% higher to $371.04 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.96% to 5,000.62 and the Dow Jones Industrial Average rising 0.40% to 38,424.27.
This was the stock's third consecutive day of gains.
Everest Group Ltd. closed $46.88 short of its 52-week high ($417.92), which the company achieved on November 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Marsh & McLennan Cos. $(MMC)$ rose 0.64% to $197.72 and Progressive Corp. $(PGR)$ rose 3.22% to $187.95.
Trading volume (435,430) eclipsed its 50-day average volume of 421,362.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2024.
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(END) Dow Jones Newswires
February 14, 2024 17:16 ET (22:16 GMT)
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