ADP has had a good start to its fiscal 2018. While its fiscal 2017 performance was mostly in line with its guidance and market expectations, its stock reached an all-time-high of more than $120 per share after the release of the results, as investor Bill Ackman bought a large stake in the company.
from Forbes Real Time https://www.forbes.com/sites/greatspeculations/2017/09/19/why-we-remain-positive-on-adp/
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