DJ Paycom Software Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Paycom Software Inc. $(PAYC)$ slipped 1.69% to $227.19 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.
The stock's fall snapped an eight-day winning streak.
Paycom Software Inc. closed $6.50 short of its 52-week high ($233.69), which the company reached on November 6th.
The stock underperformed when compared to some of its competitors Thursday, as Oracle Corp. $(ORCL)$ rose 2.83% to $186.37 and Intuit Inc. $(INTU)$ rose 3.97% to $674.15.
Trading volume (593,893) remained 150,939 below its 50-day average volume of 744,832.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.
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(END) Dow Jones Newswires
November 07, 2024 17:16 ET (22:16 GMT)
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