Automatic Data Processing Inc. stock underperforms Thursday when compared to competitors
Posted on AllSides May 25th, 2023
From The Center
Shares of Automatic Data Processing Inc. ADP, slid 1.68% to $210.40 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, rising 0.88% to 4,151.28 and the Dow Jones Industrial Average DJIA, falling 0.11% to 32,764.65. This was the stock's third consecutive day of losses. Automatic Data Processing Inc. closed $64.52 short of its 52-week high ($274.92), which the company achieved on December 13th. The stock underperformed when compared to some of its competitors Thursday, as Oracle Corp. ORCL,...