Shares of Broadridge Financial Solutions Inc. BR rose 1.20% to $160.75 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.93% to 4,173.42 and the Dow Jones Industrial Average DJIA rising 0.93% to 34,137.31. This was the stock's second consecutive day of gains. Broadridge Financial Solutions Inc. hit a new 52-week high, surpassing its previous peak of $159.07, which the company achieved on April 20th.
The stock outperformed some of its competitors Wednesday, as Automatic Data Processing Inc. ADP rose 0.78% to $194.31, Fiserv Inc. FISV rose 0.21% to $124.82, and Paychex Inc. PAYX rose 0.73% to $98.22. Trading volume (710,002) eclipsed its 50-day average volume of 525,005.