Automatic Data Processing Inc. Stock Rises Monday, Outperforms Market
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Shares of Automatic Data Processing Inc. (ADP) inched 0.34% higher to $225.52 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. This was the stock's third consecutive day of gains. Automatic Data Processing Inc. closed $49.40 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 Monday, as Oracle Corp. (ORCL) rose 0.55% to $89.74 and Accenture PLC Cl A (ACN) rose 0.16% to $269.63. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
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March 06, 2023 16:34 ET (21:34 GMT)
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