DJ Paychex Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Paychex Inc. $(PAYX)$ rose 1.14% to $141.87 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,832.92 and the Dow Jones Industrial Average falling 0.36% to 42,233.05.
The stock's rise snapped a two-day losing streak.
Paychex Inc. closed $2.30 below its 52-week high ($144.17), which the company achieved on October 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Oracle Corp. $(ORCL)$ rose 0.59% to $173.43, Intuit Inc. $(INTU)$ rose 1.90% to $623.70, and Automatic Data Processing Inc. $(ADP)$ rose 0.53% to $287.95.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 29, 2024.
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(END) Dow Jones Newswires
October 29, 2024 16:53 ET (20:53 GMT)
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