Published on 12 Jan 2022 on Market Watch
Shares of Paycom Software Inc. shed 2.49% to $358.07 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. The stock's fall snapped a two-day winning streak. Paycom Software Inc. closed $200.90 below its 52-week high ($558.97), which the company achieved on November 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Oracle Corp. fell 0.19% to $88.31, Workday Inc. Cl A rose 0.88% to $257.96, and Paychex Inc. fell 0.38% to $128.28. Trading volume (412,917) eclipsed its 50-day average volume of 408,128.