DJ Automatic Data Processing Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Automatic Data Processing Inc. $(ADP)$ slid 1.34% to $243.03 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.02% to 5,099.96 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.
This was the stock's third consecutive day of losses.
Automatic Data Processing Inc. closed $13.81 below its 52-week high ($256.84), which the company reached on July 27th.
The stock underperformed when compared to some of its competitors Friday, as Oracle Corp. $(ORCL)$ rose 2.02% to $117.21 and Accenture PLC Cl A $(ACN)$ fell 0.32% to $308.01.
Trading volume (1.5 M) remained 327,276 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.
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(END) Dow Jones Newswires
April 26, 2024 16:43 ET (20:43 GMT)
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