Shares of UnitedHealth Group Inc. UNH, -1.18% shed 1.18% to $469.91 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.30% rising 0.30% to 3,948.72 and the Dow Jones Industrial Average DJIA, +0.23% rising 0.23% to 32,105.25. This was the stock’s second consecutive day of losses. UnitedHealth Group Inc. closed $88.19 short of its 52-week high ($558.10), which the company achieved on October 31st.
Despite its losses, the stock outperformed some of its competitors Thursday, as CVS Health Corp. CVS, -2.74% fell 2.74% to $72.37, Elevance Health Inc. ELV, -4.10% fell 4.10% to $446.30, and Cigna Group CI, -5.12% fell 5.12% to $256.58.true Trading volume (3.3 M) remained 317,959 below its 50-day average volume of 3.6 M.