Humana Inc. shares (HUM) slid 4.5%, CVS Health Corp.'s stock (CVS) gave up 1.7%, Centene Corp. shares (CNC) slid 1.5% and Elevance Health Inc.'s stock (ELV) was down 1.9%.
The selloff came as more than $2.7 trillion worth of options expired, an event which typically spurs heightened volatility.
Shares tumbled after The Wall Street Journal reported that the insurer is under Justice Department investigation.
The Dow Jones dropped Friday after key inflation data. Block and Rivian stock dived on earnings on the stock market today.
For Elevance Health and other big insurers, 2024 devolved into something of an annus horribilis over the year’s final weeks.
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Shares of Elevance Health Inc. ELV slipped 1.74% to $382.48 Tuesday, on what proved to be an all-around great trading session ...
Shares of Elevance Health Inc. ELV advanced 2.41% to $391.71 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.24% to ...
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Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
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Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx ...
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