Broadridge Financial Solutions Inc. Stock Outperforms Competitors On Strong Trading Day

Cornerstone Strategic Value Fund

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Cornerstone Strategic Value Fund, Inc. (the Fund) is a closed-end, diversified management investment company. The Fund's investment objective is to seek long-term capital appreciation through investment primarily in equity securities of United States and non-United States companies. The Fund invests in various sectors, such as information technology, health care, consumer discretionary, financials, communication services, closed-end funds, industrials, consumer staples, exchange-traded funds (ETFs), materials, real estate, and others. The Fund invests in companies of all capitalization ranges. The Fund invests in common stocks and also invests in preferred stocks, rights, warrants and securities convertible into common stocks that are listed on stock exchanges or traded over the counter. The Fund also invests without limitation in other closed-end investment companies and ETFs. The Fund's investment manager is Cornerstone Advisors, LLC.

Broadridge Financial Solutions Inc. Stock Outperforms Competitors On Strong Trading Day

4:41 pm ET June 2, 2022 (MarketWatch) Print

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

Shares of Broadridge Financial Solutions Inc. (BR) rallied 2.00% to $147.63 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.84% to 4,176.82 and the Dow Jones Industrial Average rising 1.33% to 33,248.28. The stock's rise snapped a two-day losing streak. Broadridge Financial Solutions Inc. closed $37.77 short of its 52-week high ($185.40), which the company reached on December 28th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Automatic Data Processing Inc. (ADP) rose 2.00% to $223.71, Fiserv Inc. (FISV) rose 1.70% to $100.85, and Paychex Inc. (PAYX) rose 3.02% to $125.95. Trading volume (302,687) remained 136,163 below its 50-day average volume of 438,850.

Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2022.

(END) Dow Jones Newswires

June 02, 2022 16:41 ET (20:41 GMT)