DJ Paycom Software Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Paycom Software Inc. $(PAYC)$ dropped 0.55% to $192.47 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 5,234.18 and Dow Jones Industrial Average falling 0.77% to 39,475.90.
The stock's fall snapped a two-day winning streak.
Paycom Software Inc. closed $181.57 short of its 52-week high ($374.04), which the company achieved on July 31st.
Despite its losses, the stock outperformed some of its competitors Friday, as Oracle Corp. $(ORCL)$ fell 0.95% to $127.79 and Intuit Inc. $(INTU)$ fell 1.16% to $643.74.
Trading volume (457,894) remained 458,910 below its 50-day average volume of 916,804.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2024.
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(END) Dow Jones Newswires
March 22, 2024 17:22 ET (21:22 GMT)
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