HCA Healthcare Inc. Stock Falls Tuesday, Underperforms Market
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Shares of HCA Healthcare Inc. (HCA) shed 3.35% to $267.76 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
This was the stock's second consecutive day of losses.
HCA Healthcare Inc. closed $26.26 below its 52-week high ($294.02), which the company reached on April 21st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Community Health Systems Inc. (CYH) fell 5.83% to $3.23 and Tenet Healthcare Corp. (THC) fell 4.46% to $69.45.
Trading volume (1.2 M) remained 99,141 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 16:59 ET (20:59 GMT)
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