DJ Paychex Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Paychex Inc. $(PAYX)$ rallied 1.96% to $151.67 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
The stock's rise snapped a two-day losing streak.
Paychex Inc. closed 0.13% short of its 52-week high of $151.86, which the company reached on February 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Oracle Corp. $(ORCL)$ rose 0.79% to $166.06, Intuit Inc. $(INTU)$ rose 2.24% to $613.84, and Automatic Data Processing Inc. $(ADP)$ rose 1.25% to $315.18.
Trading volume (2.4 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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(END) Dow Jones Newswires
February 28, 2025 16:47 ET (21:47 GMT)
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