This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Paycom Software Inc. rallied 9.0% to $249.35 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,663.94 and the Dow Jones Industrial Average rising 0.6% to 41,368.45.
This was the stock's third consecutive day of gains.
Paycom Software Inc. hit a new 52-week high, surpassing its previous peak of $242.74, which the company achieved on December 11th.
The stock outperformed some of its competitors, as Oracle Corp. rose 0.6% to $150.30, Intuit Inc. rose 2.3% to $656.08, and ServiceNow Inc. fell 0.89% to $974.49.
Trading volume totaled 1.5 million, compared to the 50-day average of 682,238.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 08, 2025 16:32 ET (20:32 GMT)
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