DJ Paychex Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Paychex Inc. $(PAYX)$ dropped 0.85% to $139.06 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.
Paychex Inc. closed $11.65 short of its 52-week high ($150.71), which the company achieved on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Oracle Corp. $(ORCL)$ fell 5.06% to $154.50, Intuit Inc. $(INTU)$ fell 0.25% to $623.43, and Automatic Data Processing Inc. $(ADP)$ fell 1.73% to $286.85.
Trading volume (1.9 M) remained 6,349 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 16:51 ET (21:51 GMT)
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