Published on 28 Apr 2022 on Market Watch
Shares of Paycom Software Inc. advanced 4.62% to $295.34 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,287.50 and the Dow Jones Industrial Average rising 1.85% to 33,916.39. The stock's rise snapped a two-day losing streak. Paycom Software Inc. closed $263.63 below its 52-week high ($558.97), which the company reached on November 2nd.
The stock outperformed some of its competitors Thursday, as Oracle Corp. rose 1.85% to $76.14, Workday Inc. Cl A rose 4.23% to $215.46, and Paychex Inc. rose 1.31% to $132.40. Trading volume (712,192) eclipsed its 50-day average volume of 424,233.