Paychex, Inc. (PAYX) is down 7.35 percent to $141.06, a decline of $11.19 on Wednesday, after reporting disappointing fourth-quarter earnings. Although total revenue rose to $1.43 billion from $1.30 billion year over year, net income dropped to $297.2 million from $379.9 million, weighing on investor sentiment.
The stock opened at $145.38 and has traded between $137.20 and $146.00 so far today on the Nasdaq. Volume has surged to 3.4 million shares, well above the average of 2.05 million. Paychex's 52-week range is between $115.40 and $161.24.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.