Shares of Paychex Inc. PAYX, +2.40% rallied 2.40% to $115.15 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.15% rising 1.15% to 4,357.04 and the Dow Jones Industrial Average DJIA, +1.43% rising 1.43% to 34,326.46. This was the stock’s third consecutive day of gains. Paychex Inc. closed $3.07 below its 52-week high ($118.22), which the company reached on August 16th.
The stock outperformed some of its competitors Friday, as Intuit Inc. INTU, +0.83% rose 0.83% to $543.97, Automatic Data Processing Inc. ADP, +1.04% rose 1.04% to $202.00, and Equifax Inc. EFX, +1.14% rose 1.14% to $256.31. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.3 M.