Paycom Software Inc. Stock Rises Monday, Outperforms Market
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Shares of Paycom Software Inc. (PAYC) rose 2.31% to $364.02 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. The stock's rise snapped a six-day losing streak. Paycom Software Inc. closed $194.95 below its 52-week high ($558.97), which the company reached on November 2nd.
The stock outperformed some of its competitors Monday, as Oracle Corp. (ORCL) rose 2.02% to $89.28, Workday Inc. Cl A (WDAY) rose 0.83% to $252.31, and Paychex Inc. (PAYX) fell 1.75% to $126.58. Trading volume (626,886) eclipsed its 50-day average volume of 398,162.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
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January 10, 2022 17:15 ET (22:15 GMT)
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