DJ Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Automatic Data Processing Inc. $(ADP)$ slumped 0.54% to $242.90 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.58% to 5,022.21 and Dow Jones Industrial Average falling 0.12% to 37,753.31.
The stock's fall snapped a two-day winning streak.
Automatic Data Processing Inc. closed $13.94 below its 52-week high ($256.84), which the company achieved on July 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Oracle Corp. $(ORCL)$ fell 1.62% to $118.67 and Accenture PLC Cl A $(ACN)$ rose 0.19% to $314.54.
Trading volume (1.1 M) remained 782,874 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 17, 2024.
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(END) Dow Jones Newswires
April 17, 2024 16:43 ET (20:43 GMT)
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