India, June 30 -- Chemed Corporation (CHE) shares dropped 14.80 percent to $476.57 on Monday, with no new news to explain the sharp decline. The stock opened at $506.52 and traded between $475.79 and $508.70 on the New York Stock Exchange, touching a fresh 52-week low of $475.79. The trading volume reached 249,098 shares, well above its average of about 136,000. The move erased recent gains and brought CHE significantly below its previous close of $559.36.

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