Shares of Laboratory Corp. of America Holdings LH inched 0.66% higher to $241.50 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 2.38% to 3,901.82 and the Dow Jones Industrial Average DJIA rising 1.95% to 31,535.51. This was the stock's second consecutive day of gains. Laboratory Corp. of America Holdings closed $10.95 short of its 52-week high ($252.45), which the company achieved on February 17th.
The stock underperformed when compared to some of its competitors Monday, as IDEXX Laboratories Inc. IDXX rose 3.46% to $538.17, Quest Diagnostics Inc. DGX rose 0.85% to $116.57, and Qiagen N.V. QGEN rose 0.72% to $50.36. Trading volume (865,034) eclipsed its 50-day average volume of 758,770.