Shares of Automatic Data Processing Inc. ADP rose 4.24% to $178.26 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.95% to 3,841.94 and the Dow Jones Industrial Average DJIA rising 1.85% to 31,496.30. The stock's rise snapped a three-day losing streak. Automatic Data Processing Inc. closed $1.20 below its 52-week high ($179.46), which the company reached on December 18th.
The stock outperformed some of its competitors Friday, as Accenture PLC Cl A ACN rose 1.02% to $249.51, Intuit Inc. INTU rose 1.56% to $382.21, and Paychex Inc. PAYX rose 3.15% to $92.12. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.8 M.