DJ Paychex Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Paychex Inc. $(PAYX)$ advanced 1.81% to $144.27 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
This was the stock's third consecutive day of gains.
Paychex Inc. closed 4.27% below its 52-week high of $150.71, which the company reached on November 11th.
The stock outperformed some of its competitors Wednesday, as Oracle Corp. $(ORCL)$ rose 1.28% to $158.31, Intuit Inc. $(INTU)$ fell 0.38% to $621.45, and Automatic Data Processing Inc. $(ADP)$ rose 0.58% to $293.37.
Trading volume (3.8 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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January 15, 2025 17:26 ET (22:26 GMT)
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