DJ Paychex Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Paychex Inc. $(PAYX)$ dropped 0.84% to $141.76 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
This was the stock's fifth consecutive day of losses.
Paychex Inc. closed $8.95 below its 52-week high ($150.71), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Oracle Corp. $(ORCL)$ rose 1.08% to $185.73, Intuit Inc. $(INTU)$ fell 1.32% to $678.81, and Automatic Data Processing Inc. $(ADP)$ rose 0.08% to $297.89.
Trading volume (1.1 M) remained 612,735 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:52 ET (21:52 GMT)
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