Shares of Hillenbrand Inc. (NYS:HI) inched 0.96% higher to $40.93 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 1.46% to 3,789.99 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.00% to 30,668.53. The stock's rise snapped a three-day losing streak. Hillenbrand Inc. closed $13.22 below its 52-week high ($54.15), which the company achieved on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Flowserve Corp. (NYS:FLS) rose 1.90% to $29.55, Service Corp. International (NYS:SCI) rose 1.16% to $66.32, and Matthews International Corp. Cl A (NAS:MATW) rose 0.51% to $29.56. Trading volume (417,406) eclipsed its 50-day average volume of 389,130.