DJ Paychex Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Paychex Inc. $(PAYX)$ slipped 0.04% to $140.27 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.27% to 5,823.52 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.
This was the stock's second consecutive day of losses.
Paychex Inc. closed $3.90 below its 52-week high ($144.17), which the company reached on October 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Oracle Corp. $(ORCL)$ fell 0.63% to $172.42, Intuit Inc. $(INTU)$ rose 0.46% to $612.09, and Automatic Data Processing Inc. $(ADP)$ fell 0.53% to $286.44.
Trading volume (1.5 M) remained 79,173 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2024.
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(END) Dow Jones Newswires
October 28, 2024 16:52 ET (20:52 GMT)
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