Shares of Everest Re Group Ltd. /zigman2/quotes/200609425/composite RE +0.69% inched 0.19% higher to $253.38 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.20% rising 0.95% to 4,395.64 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.06% rising 1.00% to 34,258.32. The stock's rise snapped a two-day losing streak. Everest Re Group Ltd. closed $27.89 short of its 52-week high ($281.27), which the company reached on May 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Arch Capital Group Ltd. /zigman2/quotes/206499364/composite ACGL -0.13% rose 0.75% to $39.02, RenaissanceRe Holdings Ltd. /zigman2/quotes/210486659/composite RNR -0.89% fell 0.18% to $141.26, and Maiden Holdings Ltd. /zigman2/quotes/204309347/composite MHLD -0.16% fell 0.63% to $3.13. Trading volume (212,341) remained 39,130 below its 50-day average volume of 251,471.