Shares of UnitedHealth Group Inc. UNH rallied 1.55% to $312.02 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.01% to 3,398.96 and the Dow Jones Industrial Average DJIA rising 1.60% to 27,940.47. The stock's rise snapped a three-day losing streak. UnitedHealth Group Inc. closed $12.55 short of its 52-week high ($324.57), which the company reached on August 11th.
The stock outperformed some of its competitors Wednesday, as Anthem Inc. ANTM rose 0.44% to $267.42, Humana Inc. HUM rose 0.70% to $408.22, and Centene Corp. CNC rose 0.33% to $57.35. Trading volume (2.2 M) remained 541,485 below its 50-day average volume of 2.7 M.
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