Why Did Elevance Health Plunge 10.26%? Baird Downgrade Sparks Sell-Off

Generated by AI AgentAinvest Movers Radar
Friday, Apr 18, 2025 5:22 am ET1min read
ELV--

On April 18, 2025, Elevance Health's stock experienced a significant drop of 10.26% in pre-market trading, indicating a notable shift in investor sentiment.

On April 15, 2025, Baird downgraded their outlook for Elevance HealthELV-- from Outperform to Neutral. This change in rating suggests that the firm may have concerns about the company's future performance or market conditions, which could be influencing the recent decline in stock price.

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