WellPoint Inc (WLP): Today's Featured Health Services Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. WellPoint (WLP) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day down 1.6%. By the end of trading, WellPoint fell $3.35 (-5.5%) to $57.85 on heavy volume. Throughout the day, 7.6 million shares of WellPoint exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in price between $57.70-$59 after having opened the day at $58.08 as compared to the previous trading day's close of $61.20. Other companies within the Health Services industry that declined today were: Spherix (SPEX), down 12.1%, BG Medicine (BGMD), down 9.2%, Misonix (MSON), down 8.8%, and Kips Bay Medical (KIPS), down 8.7%.
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