DJ Paycom Software Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Paycom Software Inc. $(PAYC)$ slid 1.12% to $205.25 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,118.71 and the Dow Jones Industrial Average rising 0.92% to 44,565.07.
This was the stock's second consecutive day of losses.
Paycom Software Inc. closed 15.44% below 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 Thursday, as Oracle Corp. $(ORCL)$ rose 1.22% to $186.47 and Intuit Inc. $(INTU)$ fell 2.19% to $598.30.
Trading volume (708,339) eclipsed its 50-day average volume of 520,325.
Data source: Dow Jones Market Data, FactSet. Data compiled January 23, 2025.
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January 23, 2025 17:18 ET (22:18 GMT)
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