DJ Paychex Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Paychex Inc. $(PAYX)$ rose 1.44% to $137.81 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
The stock's rise snapped a two-day losing streak.
Paychex Inc. closed $12.90 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 Thursday, as Oracle Corp. $(ORCL)$ rose 2.04% to $168.79, Intuit Inc. $(INTU)$ fell 1.98% to $636.95, and Automatic Data Processing Inc. $(ADP)$ rose 0.98% to $291.33.
Trading volume (4.2 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:53 ET (21:53 GMT)
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