DJ Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Automatic Data Processing Inc. $(ADP)$ slid 0.11% to $246.34 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.46% to 5,048.42 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
This was the stock's second consecutive day of losses.
Automatic Data Processing Inc. closed $10.50 short of its 52-week high ($256.84), which the company reached on July 27th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Oracle Corp. $(ORCL)$ fell 0.39% to $114.89 and Accenture PLC Cl A $(ACN)$ fell 1.45% to $309.00.
Trading volume (1.2 M) remained 676,723 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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(END) Dow Jones Newswires
April 25, 2024 16:42 ET (20:42 GMT)
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