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Oct. 28, 2020, 4:35 p.m. EDT

Paycom Software Inc. stock falls Wednesday, still outperforms market

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Shares of Paycom Software Inc. PAYC shed 2.91% to $371.55 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 3.53% to 3,271.03 and Dow Jones Industrial Average DJIA falling 3.43% to 26,519.95. Paycom Software Inc. closed $25.96 short of its 52-week high ($397.51), which the company achieved on October 21st.

The stock underperformed when compared to some of its competitors Wednesday, as Oracle Corp. ORCL fell 2.61% to $55.59, Workday Inc. Cl A WDAY fell 2.09% to $209.70, and Paychex Inc. PAYX fell 2.17% to $80.15. Trading volume (338,058) remained 102,192 below its 50-day average volume of 440,250.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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