DJ Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Automatic Data Processing Inc. $(ADP)$ shed 2.39% to $288.50 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Automatic Data Processing Inc. closed $21.13 short of its 52-week high ($309.63), which the company achieved on November 27th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Oracle Corp. $(ORCL)$ fell 2.53% to $165.41 and Accenture PLC Cl A $(ACN)$ fell 2.71% to $347.61.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:41 ET (21:41 GMT)
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