Veeva Systems (VEEV) Stock Sinks As Market Gains: Here's Why

In the latest close session, Veeva Systems (VEEV) was down 2.13% at $276.46. This move lagged the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 0.74%. Heading into today, shares of the provider of cloud-based software services for the life sciences industry had gained 0.37% over the past month, outpacing the Medical sector's loss of 2.12% and lagging the S&P 500's gain of 4.2%.Investors will be eagerly watching for the performance of Veeva Systems in its u ...