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Headquartered in Indianapolis, Indiana, Elevance Health, Inc. (ELV) is a prominent player in the healthcare industry, providing comprehensive health solutions to millions of individuals across the U.S. With a market cap of $126.58 billion, Elevance Health is known for its innovative healthcare services, including medical, pharmacy, behavioral, clinical, and wellness solutions.
Shares of ELV have underperformed the broader market over the past year. The stock has gained 21.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.7%. In 2024, the stock is up 16.3%, while the SPX has gained 18% on a YTD basis.