DJ Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Automatic Data Processing Inc. $(ADP)$ shed 1.73% to $286.85 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
The stock's fall snapped a two-day winning streak.
Automatic Data Processing Inc. closed $22.78 below its 52-week high ($309.63), which the company achieved on November 27th.
Despite its losses, the stock outperformed some of its competitors Friday, as Oracle Corp. $(ORCL)$ fell 5.06% to $154.50 and Accenture PLC Cl A $(ACN)$ fell 2.22% to $349.79.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 16:39 ET (21:39 GMT)
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