Automatic Data Processing Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Automatic Data Processing Inc. (ADP) inched 0.31% higher to $221.97 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. Automatic Data Processing Inc. closed $52.95 below its 52-week high ($274.92), which the company reached on December 13th.
The stock outperformed some of its competitors Wednesday, as Oracle Corp. (ORCL) rose 0.15% to $88.49 and Accenture PLC Cl A (ACN) fell 0.20% to $263.66. Trading volume (1.3 M) remained 665,158 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
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March 08, 2023 16:34 ET (21:34 GMT)
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