Shares of Automatic Data Processing Inc. ADP, -1.06% shed 1.06% to $238.84 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.41% falling 0.41% to 4,677.03 and Dow Jones Industrial Average DJIA, -0.01% falling 0.01% to 36,231.66. This was the stock’s third consecutive day of losses. Automatic Data Processing Inc. closed $10.12 short of its 52-week high ($248.96), which the company reached on December 29th.
Despite its losses, the stock outperformed some of its competitors Friday, as Accenture PLC Cl A ACN, -1.92% fell 1.92% to $370.75, Intuit Inc. INTU, -3.10% fell 3.10% to $567.56, and Paychex Inc. PAYX, -1.50% fell 1.50% to $128.84.true Trading volume (1.5 M) eclipsed its 50-day average volume of 1.4 M.
Leave a Reply