Paychex Inc. Stock Sheds 5.6%, Underperforms Peers

Dow Jones10-28

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Paychex Inc. shed 5.6% to $109.26 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,722.60 and the Dow Jones Industrial Average remaining mostly unchanged at 52,377.57.

This was the stock's third consecutive day of losses.

Paychex Inc. closed 14.6% below its 52-week high of $127.98, which the company achieved on September 1st.

The stock underperformed when compared to some of its peers, as Oracle Corp. rose 3.5% to $130.53, Intuit Inc. fell 3.4% to $328.45, and Automatic Data Processing Inc. fell 2.66% to $293.11.

Trading volume totaled 3.9 million, compared to the 50-day average of 3.0 million.

Data source: Dow Jones Market Data, FactSet

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