Shares of Paychex Inc. PAYX slid 2.17% to $80.15 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 3.53% to 3,271.03 and Dow Jones Industrial Average DJIA falling 3.43% to 26,519.95. This was the stock's third consecutive day of losses. Paychex Inc. closed $10.38 below its 52-week high ($90.53), which the company reached on February 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Intuit Inc. INTU fell 3.56% to $318.51, Automatic Data Processing Inc. ADP rose 6.20% to $155.08, and Equifax Inc. EFX fell 4.68% to $140.89. Trading volume (1.6 M) remained 29,411 below its 50-day average volume of 1.6 M.