DJ Paychex Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Paychex Inc. $(PAYX)$ inched 0.42% higher to $139.68 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
The stock's rise snapped a three-day losing streak.
Paychex Inc. closed $4.49 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 0.25% to $169.59, Intuit Inc. $(INTU)$ fell 0.44% to $619.01, and Automatic Data Processing Inc. $(ADP)$ rose 0.58% to $289.86.
Trading volume (1.0 M) remained 583,473 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 16:52 ET (21:52 GMT)
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