Shares of Paychex Inc. PAYX, -1.49% slipped 0.70% to $97.29 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.06% falling 1.48% to 3,915.46 and Dow Jones Industrial Average DJIA, -0.71% falling 0.46% to 32,862.30. This was the stock’s second consecutive day of losses. Paychex Inc. closed $2.66 short of its 52-week high ($99.95), which the company reached on December 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Intuit Inc. INTU, +1.95% fell 4.53% to $373.97, Automatic Data Processing Inc. ADP, -1.14% fell 0.97% to $186.06, and Equifax Inc. EFX, +0.86% rose 0.41% to $172.70. Trading volume (1.8 M) remained 34,211 below its 50-day average volume of 1.8 M.