Paychex Inc. stock outperforms market despite losses on the day

hares of Paychex Inc. PAYX, +3.15% shed 1.29% to $89.31 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, +1.95% falling 1.34% to 3,768.47 and Dow Jones Industrial Average DJIA, +1.85% falling 1.11% to 30,924.14. This was the stock’s third consecutive day of losses. Paychex Inc. closed $10.64 below its 52-week high ($99.95), which the company reached on December 23rd. 

Despite its losses, the stock outperformed some of its competitors Thursday, as Intuit Inc. INTU, +1.56% fell 3.18% to $376.33, Automatic Data Processing Inc. ADP, +4.24% fell 1.99% to $171.01, and Equifax Inc. EFX, +3.61% fell 1.92% to $163.83.true Trading volume (2.2 M) eclipsed its 50-day average volume of 1.8 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet.  See our market data terms of use.

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