DJ Paychex Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Paychex Inc. $(PAYX)$ inched 0.26% higher to $144.46 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's third consecutive day of gains.
Paychex Inc. closed $6.25 below its 52-week high ($150.71), which the company reached on November 11th.
The stock outperformed some of its competitors Friday, as Oracle Corp. $(ORCL)$ fell 0.07% to $192.29, Intuit Inc. $(INTU)$ fell 5.68% to $640.12, and Automatic Data Processing Inc. $(ADP)$ rose 0.19% to $305.15.
Trading volume (1.2 M) remained 421,764 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:52 ET (21:52 GMT)
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