NYSE:ELVHealthcare
Examining Elevance Health (ELV) Valuation Following Recent Share Price Weakness
If you have been watching Elevance Health (ELV) lately, the stock’s recent slide might pique your curiosity. Shares have drifted lower, closing just under $310, and while there is no single headline driving this move, the change in direction comes as investors weigh the company’s longer-term prospects against current performance. Even with steady revenue and net income growth in the past year, the market’s sentiment appears to be shifting.
Looking beyond this month’s nearly 10% gain, Elevance...