Shares of DaVita Inc. /zigman2/quotes/204229673/composite DVA -0.12% rallied 2.11% to $92.78 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.40% falling 1.13% to 3,901.35 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.13% falling 0.56% to 30,961.82. The stock's rise snapped a two-day losing streak. DaVita Inc. closed $32.03 below its 52-week high ($124.81), which the company reached on April 20th.
The stock outperformed some of its competitors Thursday, as Fresenius Medical Care AG & Co. KGaA ADR /zigman2/quotes/210057637/composite FMS 0.00% fell 0.18% to $16.79, Laboratory Corp. of America Holdings /zigman2/quotes/203174601/composite LH +1.59% rose 0.52% to $224.12, and Universal Health Services Inc. Cl B /zigman2/quotes/208539347/composite UHS +0.83% rose 1.56% to $98.99. Trading volume (597,008) remained 155,893 below its 50-day average volume of 752,901.