Tag Archives: CDK Global (CDK)

Automatic Data Processing (ADP)

Automatic Data Processing (ADP)’s Shares Tank After CDK Global, Inc. (CDK) Spinoff

Automatic Data Processing (ADP)’s Shares Tank After CDK Global, Inc. (CDK) Spinoff

The shares of Automatic Data Processing (NASDAQ:ADP) closed at $71.42 one day after the spinoff of CDK Global. The company lost 13.71% of its share value in the last two days after the spinoff. Earlier, ADP completed the spinoff of CDK Global to create a separate entity that would offer technology and marketing services to auto

Top