Shares of Hillenbrand Inc. /zigman2/quotes/207601027/composite HI +4.98% dropped 0.93% to $40.67 Wednesday, 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 +3.06% falling 1.65% to 3,935.18 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% falling 1.02% to 31,834.11. This was the stock's fifth consecutive day of losses. Hillenbrand Inc. closed $13.48 short of its 52-week high ($54.15), which the company reached on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Flowserve Corp. /zigman2/quotes/203982564/composite FLS +4.69% rose 1.39% to $29.12, Service Corp. International /zigman2/quotes/200293647/composite SCI +2.56% fell 0.47% to $66.23, and Matthews International Corp. Cl A /zigman2/quotes/209518367/composite MATW +3.13% fell 0.98% to $29.22. Trading volume (598,283) eclipsed its 50-day average volume of 403,241.