Published on 30 Nov 2021 on Market Watch
Paycom Software Inc. stock outperforms competitors despite losses on the day
Shares of Paycom Software Inc. slid 2.22% to $437.48 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.90% to 4,567.00 and Dow Jones Industrial Average falling 1.86% to 34,483.72. Paycom Software Inc. closed $121.49 below its 52-week high ($558.97), which the company reached on November 2nd.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Oracle Corp. fell 2.37% to $90.74, Workday Inc. Cl A fell 2.61% to $274.23, and Paychex Inc. fell 3.66% to $119.20.true Trading volume (391,606) eclipsed its 50-day average volume of 325,270.