Paycom Software Inc. stock rises Friday, still underperforms market

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Shares of Paycom Software Inc. PAYC, +1.46% advanced 1.46% to $291.54 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.61% rising 1.61% to 4,045.64 and the Dow Jones Industrial Average DJIA, +1.17% rising 1.17% to 33,390.97. This was the stock’s second consecutive day of gains. Paycom Software Inc. closed $111.24 below its 52-week high ($402.78), which the company reached on August 15th.
The stock underperformed when compared to some of its competitors Friday, as Oracle Corp. ORCL, +2.62% rose 2.62% to $89.25 and Intuit Inc. INTU, +2.04% rose 2.04% to $408.52. Trading volume (777,775) eclipsed its 50-day average volume of 493,989.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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