Shares of Hillenbrand Inc. HI shed 3.31% to $43.83 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 1.26% to 4,525.12 and Dow Jones Industrial Average DJIA falling 0.80% to 34,641.18. The stock’s fall snapped a two-day winning streak. Hillenbrand Inc. closed $10.32 below its 52-week high ($54.15), which the company achieved on December 28th.
The stock underperformed when compared to some of its competitors Tuesday, as Flowserve Corp. FLS fell 0.75% to $35.56, Service Corp. International SCI rose 1.48% to $66.52, and Matthews International Corp. Cl A MATW fell 1.93% to $32.03. Trading volume (438,514) eclipsed its 50-day average volume of 360,466.