Shares of Hillenbrand Inc. /zigman2/quotes/207601027/composite HI +4.50% inched 0.86% higher to $43.36 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.45% falling 2.38% to 4,017.82 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.12% falling 1.94% to 32,272.79. The stock's rise snapped a two-day losing streak. Hillenbrand Inc. closed $10.79 below its 52-week high ($54.15), which the company achieved on December 28th.
The stock outperformed some of its competitors Thursday, as Flowserve Corp. /zigman2/quotes/203982564/composite FLS +7.74% rose 0.10% to $31.36, Service Corp. International /zigman2/quotes/200293647/composite SCI +1.21% fell 2.59% to $69.16, and Matthews International Corp. Cl A /zigman2/quotes/209518367/composite MATW +4.46% fell 1.81% to $30.95. Trading volume (263,146) remained 140,547 below its 50-day average volume of 403,693.