Shares of Paychex Inc. PAYX shed 2.02% to $91.34 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.13% to 3,668.10 and Dow Jones Industrial Average DJIA falling 0.23% to 29,999.26. This was the stock's fourth consecutive day of losses. Paychex Inc. closed $3.61 below its 52-week high ($94.95), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Thursday, as Intuit Inc. INTU fell 0.46% to $362.50, Automatic Data Processing Inc. ADP fell 0.53% to $172.00, and Equifax Inc. EFX rose 1.89% to $183.39. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.5 M.