Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Automatic Data Processing Inc. (ADP) slipped 0.03% to $223.91 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.88% to 4,081.50 and Dow Jones Industrial Average falling 0.73% to 33,699.88. This was the stock's second consecutive day of losses. Automatic Data Processing Inc. closed $51.01 below its 52-week high ($274.92), which the company achieved on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Oracle Corp. (ORCL) fell 0.05% to $86.65 and Accenture PLC Cl A (ACN) rose 0.16% to $285.16. Trading volume (2.6 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 9, 2023.
(END) Dow Jones Newswires
February 09, 2023 16:34 ET (21:34 GMT)
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