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

Shares of Paychex Inc. slid 8.8% to $104.49 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,706.03 and Dow Jones Industrial Average falling 0.7% to 51,511.59.

This was the stock's seventh consecutive day of losses.

Paychex Inc. closed 20.0% below its 52-week high of $130.64, which the company achieved on September 23rd.

The stock underperformed when compared to some of its peers, as Oracle Corp. fell 3.1% to $144.56, Intuit Inc. fell 1.9% to $286.80, and Automatic Data Processing Inc. fell 2.21% to $263.68.

Trading volume totaled 8.1 million, compared to the 50-day average of 2.8 million.

Data source: Dow Jones Market Data, FactSet