Shares of Everest Re Group Ltd. /zigman2/quotes/200609425/composite RE -1.22% sank 0.78% to $270.32 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.97% falling 0.82% to 4,646.71 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.96% falling 0.66% to 36,079.94. This was the stock's second consecutive day of losses. Everest Re Group Ltd. closed $19.36 short of its 52-week high ($289.68), which the company reached on October 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Arch Capital Group Ltd. /zigman2/quotes/206499364/composite ACGL -1.44% fell 0.62% to $41.76, RenaissanceRe Holdings Ltd. /zigman2/quotes/210486659/composite RNR -1.18% fell 0.72% to $154.85, and Maiden Holdings Ltd. /zigman2/quotes/204309347/composite MHLD -2.50% fell 9.59% to $3.11. Trading volume (124,352) remained 116,964 below its 50-day average volume of 241,316.