Automatic Data Processing Inc. stock rises Monday, still underperforms market

Shares of Automatic Data Processing Inc. ADP, inched 0.28% higher to $240.02 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, rising 0.40% to 4,337.44 and the Dow Jones Industrial Average DJIA, rising 0.13% to 34,006.88. This was the stock's second consecutive day of gains. Automatic Data Processing Inc. closed $34.90 below its 52-week high ($274.92), which the company achieved on December 13th. The stock demonstrated a mixed performance when compared to some of its competitors Monday, as...