Published on 13 May 2022 on Market Watch
Paycom Software Inc. stock outperforms market on strong trading day
Shares of Paycom Software Inc. rallied 4.93% to $288.56 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. This was the stock's second consecutive day of gains. Paycom Software Inc. closed $270.41 short of its 52-week high ($558.97), which the company achieved on November 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Oracle Corp. rose 0.62% to $71.17, Workday Inc. Cl A rose 6.03% to $182.29, and Paychex Inc. rose 1.49% to $119.69. Trading volume (431,937) remained 43,956 below its 50-day average volume of 475,893.