DJ Paycom Software Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Paycom Software Inc. $(PAYC)$ rallied 1.95% to $240.25 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the stock's second consecutive day of gains.
Paycom Software Inc. hit a new 52-week high, surpassing its previous peak of $238.57, which the company reached on December 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Oracle Corp. $(ORCL)$ rose 0.47% to $178.58 and Intuit Inc. $(INTU)$ rose 3.63% to $670.56.
Trading volume (673,490) eclipsed its 50-day average volume of 595,240.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:16 ET (22:16 GMT)
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