Tiger Brokers

Centene Corp. Stock Slips 6.0%, Underperforms Peers

Dow Jones
16 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Centene Corp. shed 6.0% to $69.74 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,376.86 and the Dow Jones Industrial Average falling 0.5% to 51,285.73.

This was the stock's second consecutive day of losses.

Centene Corp. closed 10.7% short of its 52-week high of $78.08, which the company achieved on November 5th.

The stock underperformed when compared to some of its peers, as HCA Healthcare Inc. fell 2.5% to $494.99, IQVIA Holdings Inc. rose 2.6% to $271.83, and Labcorp Holdings Inc. rose 0.90% to $366.57.

Trading volume totaled 5.8 million, compared to the 50-day average of 5.0 million.

Data source: Dow Jones Market Data, FactSet

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