Shares of Broadridge Financial Solutions Inc. /zigman2/quotes/203884665/composite BR -0.90% inched 0.20% higher to $181.30 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -2.27% rising 0.37% to 4,536.19 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -2.53% rising 0.43% to 35,609.34. 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 $180.93, which the company reached on October 19th.
The stock outperformed some of its competitors Wednesday, as Automatic Data Processing Inc. /zigman2/quotes/207661132/composite ADP -2.03% fell 0.43% to $213.05, Fiserv Inc. /zigman2/quotes/204817680/composite FISV -1.07% fell 1.06% to $110.11, and Paychex Inc. /zigman2/quotes/202030365/composite PAYX -2.10% rose 0.07% to $121.89. Trading volume (569,833) eclipsed its 50-day average volume of 474,354.