DJ Paycom Software Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Paycom Software Inc. $(PAYC)$ advanced 1.89% to $186.71 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
The stock's rise snapped a six-day losing streak.
Paycom Software Inc. closed $187.33 short of its 52-week high ($374.04), which the company achieved on July 31st.
The stock outperformed some of its competitors Monday, as Oracle Corp. $(ORCL)$ fell 0.30% to $114.53 and Intuit Inc. $(INTU)$ rose 0.76% to $609.77.
Trading volume (471,752) remained 398,493 below its 50-day average volume of 870,245.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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(END) Dow Jones Newswires
April 22, 2024 17:21 ET (21:21 GMT)
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