Published on 14 Jan 2022 on Market Watch
Paycom Software Inc. stock underperforms Friday when compared to competitors
Shares of Paycom Software Inc. slid 2.50% to $333.99 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.08% to 4,662.85 and the Dow Jones Industrial Average falling 0.56% to 35,911.81. This was the stock's third consecutive day of losses. Paycom Software Inc. closed $224.98 below its 52-week high ($558.97), which the company reached on November 2nd.
The stock underperformed when compared to some of its competitors Friday, as Oracle Corp. fell 0.11% to $87.69, Workday Inc. Cl A rose 1.96% to $254.31, and Paychex Inc. fell 1.29% to $125.00. Trading volume (873,177) eclipsed its 50-day average volume of 417,019.