DJ Automatic Data Processing Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Automatic Data Processing Inc. $(ADP)$ inched 0.91% higher to $304.56 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 6,090.27 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.
The stock's rise snapped a four-day losing streak.
Automatic Data Processing Inc. closed $5.07 short of its 52-week high ($309.63), which the company achieved on November 27th.
The stock underperformed when compared to some of its competitors Friday, as Oracle Corp. $(ORCL)$ rose 2.93% to $191.69 and Accenture PLC Cl A $(ACN)$ rose 1.28% to $362.70.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2024.
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(END) Dow Jones Newswires
December 06, 2024 16:41 ET (21:41 GMT)
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