Paychex Inc. Stock Slides 5.2%, Underperforms Competitors

Dow Jones
03-12

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Paychex Inc. shed 5.2% to $146.50 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.8% to 5,572.07 and Dow Jones Industrial Average falling 1.1% to 41,433.48.

The stock's fall snapped a two-day winning streak.

Paychex Inc. closed 7.5% below its 52-week high of $158.37, which the company reached on March 10th.

The stock underperformed when compared to some of its competitors, as Oracle Corp. fell 3.1% to $144.18, Intuit Inc. rose 1.2% to $586.71, and Automatic Data Processing Inc. fell 3.48% to $292.44.

Trading volume totaled 3.0 million, compared to the 50-day average of 1.9 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 11, 2025 16:35 ET (20:35 GMT)

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