Paychex Inc. Stock Climbs 4.2%, Outperforms Market

Dow Jones
08/14

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Paychex Inc. advanced 4.2% to $125.40 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.

Paychex Inc. closed 11.2% short of its 52-week high of $141.19, which the company reached on August 22nd.

The stock demonstrated a mixed performance when compared to some of its peers, as Oracle Corp. rose 1.9% to $156.22, Intuit Inc. rose 7.0% to $358.29, and Automatic Data Processing Inc. rose 2.56% to $276.23.

Trading volume totaled 2.4 million, compared to the 50-day average of 3.3 million.

Data source: Dow Jones Market Data, FactSet

 

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