Paychex Inc. Stock Outperforms Competitors On Strong Trading Day
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Paychex Inc. (PAYX) stock rose 1.28% to $116.70 on Wednesday, outperforming competitors despite a generally poor trading day for the market. The S&P 500 fell 1.16% and the Dow Jones Industrial Average fell 0.47%. Paychex's stock broke a two-day losing streak and closed 27.62% below its 52-week high. Trading volume was 5.1M, above the 50-day average of 3.1M.
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