The stock's fall snapped a four-day winning streak.

Elevance Health Inc. closed 26.44% below its 52-week high of $567.26, which the company reached on September 3rd.

The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market’s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228 ...