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Saturday, Dec 3, 2022
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Stocks Fall; InterGroup Soars, Health Net Loses

The Dow Jones industrial average fell 47 points in Monday trading to close at 17,684.

The S&P 500 fell eight points to 2,069.

The Nasdaq fell 17 points to 4,992.

The LABJ Stock Index rose one point to 234.

Gainers and Losers

Monday’s biggest local gainer was Westwood real estate firm InterGroup Corp. Shares rose 8 percent on the day, closing at $22.61.

Monday’s biggest loser was Health Net Inc. Shares of the Woodland Hills insurer fell 6 percent on the day, closing at $67.49 after it was announced last week that the company would be acquired by Centene Corp. in a cash and stock deal valued at $6.8 billion.

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