Shares of Laboratory Corp. of America Holdings LH shed 3.26% to $236.53 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.45% to 3,829.34 and Dow Jones Industrial Average DJIA falling 1.75% to 31,402.01. This was the stock's second consecutive day of losses. Laboratory Corp. of America Holdings closed $15.92 below its 52-week high ($252.45), which the company reached on February 17th.
The stock underperformed when compared to some of its competitors Thursday, as IDEXX Laboratories Inc. IDXX fell 2.74% to $518.28, Quest Diagnostics Inc. DGX fell 0.96% to $114.63, and Qiagen N.V. QGEN fell 2.10% to $50.34. Trading volume (779,275) eclipsed its 50-day average volume of 731,026.