Automatic Data Processing Inc. Stock Underperforms Wednesday When Compared To Competitors

Vodafone Group PLC

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Communication Services : Wireless Telecommunication Services | Large Cap Value
Based in United Kingdom

Company profile

Vodafone Group Plc is a United Kingdom-based connectivity and digital services provider. The Company's retail and service operations are split across three broad business lines: Europe Consumer, Vodafone Business and Africa Consumer. The Europe Consumer business provides a range of mobile and fixed-line connectivity services in all of its European markets, enabling customers to call, text and access data on their mobile devices, or access broadband, TV and voice services at home. Vodafone Business serves private and public sector customers of all sizes with a range of connectivity services, supported by its global network. The Africa Consumer business provides a range of mobile services, enabling customers to call, text and access data. It provides digital services, the Internet of Things (IoT) and financial services, that leverage and complement its connectivity business. The Company provides financial services, as well as business, and merchant services in Africa.

Automatic Data Processing Inc. Stock Underperforms Wednesday When Compared To Competitors

4:34 pm ET February 22, 2023 (MarketWatch) Print

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

Shares of Automatic Data Processing Inc. (ADP) slumped 0.78% to $222.93 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,991.05 and Dow Jones Industrial Average falling 0.26% to 33,045.09. This was the stock's second consecutive day of losses. Automatic Data Processing Inc. closed $51.99 below its 52-week high ($274.92), which the company reached on December 13th.

The stock underperformed when compared to some of its competitors Wednesday, as Oracle Corp. (ORCL) rose 0.14% to $86.32 and Accenture PLC Cl A (ACN) rose 0.18% to $269.63. Trading volume (1.7 M) remained 256,577 below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 22, 2023.

(END) Dow Jones Newswires

February 22, 2023 16:34 ET (21:34 GMT)