DJ Paychex Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Paychex Inc. $(PAYX)$ slid 0.99% to $146.53 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of losses.
Paychex Inc. closed $4.18 below its 52-week high ($150.71), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Oracle Corp. $(ORCL)$ rose 0.03% to $189.63, Intuit Inc. $(INTU)$ rose 0.97% to $706.25, and Automatic Data Processing Inc. $(ADP)$ fell 0.13% to $307.50.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:52 ET (21:52 GMT)
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