DJ Automatic Data Processing Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Automatic Data Processing Inc. $(ADP)$ inched 0.92% higher to $294.02 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
This was the stock's second consecutive day of gains.
Automatic Data Processing Inc. closed $15.61 below its 52-week high ($309.63), which the company achieved on November 27th.
The stock outperformed some of its competitors Friday, as Oracle Corp. $(ORCL)$ rose 0.52% to $169.66 and Accenture PLC Cl A $(ACN)$ fell 1.56% to $366.37.
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 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:41 ET (21:41 GMT)
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