Automatic Data Processing Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Automatic Data Processing Inc. (ADP) slid 0.00% to $213.55 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. This was the stock's third consecutive day of losses. Automatic Data Processing Inc. closed $61.37 short of its 52-week high ($274.92), which the company reached on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Oracle Corp. (ORCL) rose 1.02% to $84.93 and Accenture PLC Cl A (ACN) fell 0.65% to $251.31. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 16:35 ET (20:35 GMT)
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