Automatic Data Processing Inc. Stock Rises Thursday, Outperforms Market

Republic Services Inc

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Industrials : Commercial Services & Supplies | Large Cap Blend

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Republic Services, Inc. is a provider of environmental services in the United States. Through its subsidiaries, the Company provides a range of products and services, including recycling, solid waste, special waste, hazardous waste, container rental and field services. The Company operates through three segments: Group 1, Group 2 and Group 3. Group 1 is its recycling and solid waste business operating primarily in geographic areas located in the western United States. Group 2 is its recycling and solid waste business operating primarily in geographic areas located in the southeastern and mid-western United States and the eastern seaboard of the United States. Group 3 is its environmental solutions business operating primarily in geographic areas located across the United States and Canada. The Company is engaged in operating approximately 73 landfill gas-to- energy and other renewable energy projects and has post-closure responsibility for 128 closed landfills.

Automatic Data Processing Inc. Stock Rises Thursday, Outperforms Market

4:34 pm ET March 2, 2023 (MarketWatch) Print

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

Shares of Automatic Data Processing Inc. (ADP) rose 1.36% to $222.55 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.76% to 3,981.35 and the Dow Jones Industrial Average rising 1.05% to 33,003.57. The stock's rise snapped a two-day losing streak. Automatic Data Processing Inc. closed $52.37 below its 52-week high ($274.92), which the company reached on December 13th.

The stock outperformed some of its competitors Thursday, as Oracle Corp. (ORCL) rose 0.73% to $86.97 and Accenture PLC Cl A (ACN) rose 0.63% to $265.26. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 2, 2023.

(END) Dow Jones Newswires

March 02, 2023 16:34 ET (21:34 GMT)