DJ Automatic Data Processing Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Automatic Data Processing Inc. $(ADP)$ advanced 6.48% to $294.69 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
The stock's rise snapped a four-day losing streak.
Automatic Data Processing Inc. closed 8.72% short of its 52-week high of $322.84, which the company reached on March 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Oracle Corp. $(ORCL)$ rose 12.20% to $139.69, Accenture PLC Cl A $(ACN)$ rose 6.59% to $299.94, and Workday Inc. Cl A (WDAY) rose 9.95% to $231.42.
Trading volume (3.5 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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(END) Dow Jones Newswires
April 09, 2025 16:36 ET (20:36 GMT)
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