ADP stock is down over three dollars a share today (07/30). This is unacceptable. Hurry Carlos, don't waste any time. Make sure you lay off another 30,000 .... you scumbag waste of life.
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Just wait, it will drop a whole lot more now that they have announce the acquisition in hopes of buying some relief to their incapable situation of being able to build their own (good) products internally, especially since they are chopping all the knowledge and understanding out of the company and hiring entitled cry baby millennials who don't want to do any work, have no real skills, but expect to get paid six figures because they supported Bernie Sanders. Well done Carlos! Worst decisions ever by a CEO.
Probably down because as they (Carlos and the execs) get the prices up, they each take turns selling off chunks of their shares to get even richer. The price will go up again and bounce down when the next sells off. They need to get their profits before they run the company into the ground and any of us “worker stockholders” get left with nothing.