DJ Paycom Software Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Paycom Software Inc. $(PAYC)$ rose 2.08% to $213.57 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,129.58 and the Dow Jones Industrial Average rising 0.02% to 44,556.34.
Paycom Software Inc. closed 12.02% 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 Tuesday, as Oracle Corp. $(ORCL)$ rose 3.24% to $179.80, Intuit Inc. $(INTU)$ fell 1.27% to $579.94, and ServiceNow Inc. (NOW) rose 1.10% to $997.48.
Trading volume (666,974) eclipsed its 50-day average volume of 565,966.
Data source: Dow Jones Market Data, FactSet. Data compiled February 18, 2025.
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February 18, 2025 17:20 ET (22:20 GMT)
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