DJ Paychex Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Paychex Inc. $(PAYX)$ shed 1.46% to $139.33 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.86% to 5,705.45 and Dow Jones Industrial Average falling 0.90% to 41,763.46.
This was the stock's second consecutive day of losses.
Paychex Inc. closed $4.84 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 Thursday, as Oracle Corp. $(ORCL)$ fell 3.85% to $167.84, Intuit Inc. $(INTU)$ fell 1.74% to $610.30, and Automatic Data Processing Inc. $(ADP)$ fell 1.21% to $289.24.
Trading volume (1.6 M) remained 32,505 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2024.
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(END) Dow Jones Newswires
October 31, 2024 16:52 ET (20:52 GMT)
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