Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day

Advantage Solutions Inc

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Communication Services : Media | Small Cap Value

Company profile

Advantage Solutions Inc. is a provider of outsourced solutions to consumer goods companies and retailers. Its segments include Sales and Marketing. Sales segment provides its clients with a range of outsourced solutions to enhance sales in the traditional retail, foodservice and e-commerce channels. Its primary sales services include Brand-Centric Services, Retailer-Centric Services. Brand-centric services include headquarter relationship management, analytics, insights and intelligence, administration and brand-centric merchandising. It manages a range of media, merchandising and display platforms for retailers, including multi- manufacturer circular programs; an in-store display platform for perishable brands with cooler units in high- traffic locations; and a network of advertisements on pedestals at the entrances and exits of major retailers. Marketing Segment helps brands and retailers reach consumers through two platforms brand-centric services and retailer-centric services.

Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day

4:34 pm ET February 16, 2023 (MarketWatch) Print

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

Shares of Automatic Data Processing Inc. (ADP) slumped 0.16% to $227.48 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.38% to 4,090.41 and Dow Jones Industrial Average falling 1.26% to 33,696.85. Automatic Data Processing Inc. closed $47.44 below its 52-week high ($274.92), which the company reached on December 13th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Oracle Corp. (ORCL) fell 0.70% to $87.72 and Accenture PLC Cl A (ACN) fell 2.24% to $281.22. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 16, 2023.

(END) Dow Jones Newswires

February 16, 2023 16:34 ET (21:34 GMT)

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Automatic Data Processing Inc. Stock Outperforms Competitors Despite Losses On The Day