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With a market cap of $90.6 billion, Elevance Health, Inc. (ELV) is a leading health benefits company, providing comprehensive health plans, pharmacy services, and healthcare solutions across the United States. Operating under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brands, it supports individuals and communities in leading healthier lives.
Shares of the health insurer have underperformed the broader market over the past 52 weeks. ELV has declined 26.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained nearly 23%. Moreover, ELV stock has risen 1.8% on a YTD basis, compared to SPX's 4% YTD gain.
