DJ Paycom Software Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Paycom Software Inc. $(PAYC)$ slumped 0.35% to $190.60 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,203.58 and Dow Jones Industrial Average falling 0.08% to 39,282.33.
This was the stock's third consecutive day of losses.
Paycom Software Inc. closed $183.44 below its 52-week high ($374.04), which the company reached on July 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Oracle Corp. $(ORCL)$ rose 0.31% to $126.47 and Intuit Inc. $(INTU)$ rose 0.15% to $640.05.
Trading volume (1.1 M) eclipsed its 50-day average volume of 904,438.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2024.
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(END) Dow Jones Newswires
March 26, 2024 17:21 ET (21:21 GMT)
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