Shares of DaVita Inc. /zigman2/quotes/204229673/composite DVA +2.90% advanced 1.00% to $87.80 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.09% falling 1.07% to 3,924.26 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.18% falling 1.07% to 31,318.44. This was the stock's second consecutive day of gains. DaVita Inc. closed $46.08 short of its 52-week high ($133.88), which the company achieved on September 3rd.
The stock outperformed some of its competitors Friday, as Fresenius Medical Care AG & Co. KGaA ADR /zigman2/quotes/210057637/composite FMS +1.23% fell 0.47% to $16.81, Laboratory Corp. of America Holdings /zigman2/quotes/203174601/composite LH +0.38% fell 0.59% to $225.74, and Universal Health Services Inc. Cl B /zigman2/quotes/208539347/composite UHS +0.38% fell 0.30% to $96.96. Trading volume (701,582) remained 121,242 below its 50-day average volume of 822,824.