DJ Paycom Software Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Paycom Software Inc. $(PAYC)$ rose 2.49% to $204.76 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.67% to 6,066.44 and the Dow Jones Industrial Average rising 0.38% to 44,470.41.
The stock's rise snapped a two-day losing streak.
Paycom Software Inc. closed 15.65% short of its 52-week high of $242.74, which the company reached on December 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Oracle Corp. $(ORCL)$ rose 2.56% to $178.92, Intuit Inc. $(INTU)$ rose 1.38% to $586.84, and ServiceNow Inc. (NOW) rose 1.34% to $1,021.81.
Trading volume (528,039) eclipsed its 50-day average volume of 524,294.
Data source: Dow Jones Market Data, FactSet. Data compiled February 10, 2025.
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February 10, 2025 17:20 ET (22:20 GMT)
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