Automatic Data Processing Inc. Stock Rises Thursday, Still Underperforms Market

Elevation Oncology Inc

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Company profile

Elevation Oncology, Inc. is an oncology company. The Company is focused on the discovery and development of selective cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs. Its lead product candidate, EO-3021 (SYSA1801 or CPO102), is an antibody-drug conjugate (ADC) designed to target Claudin 18.2, a clinically validated molecular target, which can selectively deliver a cytotoxic payload directly to cancer cells expressing Claudin 18.2. Claudin 18.2 is expressed across several solid tumor types, including many gastrointestinal cancers such as gastric, gastroesophageal junction and pancreatic cancer. Claudin 18.2 is also expressed in ovarian cancer, non-small cell lung cancer (NSCLC) and other solid tumors. The Company is exploring opportunities through new or existing partnerships and business development opportunities to expand its novel oncology pipeline.

Automatic Data Processing Inc. Stock Rises Thursday, Still Underperforms Market

4:35 pm ET March 16, 2023 (MarketWatch) Print

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

Shares of Automatic Data Processing Inc. (ADP) rallied 1.20% to $215.80 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. Automatic Data Processing Inc. closed $59.12 short of its 52-week high ($274.92), which the company reached on December 13th.

The stock underperformed when compared to some of its competitors Thursday, as Oracle Corp. (ORCL) rose 2.22% to $84.82 and Accenture PLC Cl A (ACN) rose 2.74% to $252.92. Trading volume (2.1 M) eclipsed its 50-day average volume of 2.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

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March 16, 2023 16:35 ET (20:35 GMT)