Shares of Paychex Inc. /zigman2/quotes/202030365/composite PAYX +1.14% slumped 0.30% to $109.98 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% rising 0.15% to 4,455.48 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% rising 0.10% to 34,798.00. The stock's fall snapped a three-day winning streak. Paychex Inc. closed $8.24 below its 52-week high ($118.22), which the company reached on August 16th.
The stock underperformed when compared to some of its competitors Friday, as Intuit Inc. /zigman2/quotes/203136605/composite INTU +2.15% rose 0.10% to $577.92, Automatic Data Processing Inc. /zigman2/quotes/207661132/composite ADP +1.42% rose 0.41% to $202.22, and Equifax Inc. /zigman2/quotes/208789454/composite EFX +5.01% rose 0.14% to $265.50. Trading volume (1.1 M) remained 270,963 below its 50-day average volume of 1.3 M.