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Dec. 9, 2020, 4:41 p.m. EST

Paycom Software Inc. stock falls Wednesday, underperforms market

MarketWatch Automation

Shares of Paycom Software Inc. PAYC slid 4.17% to $421.66 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. Paycom Software Inc. closed $21.19 below its 52-week high ($442.85), which the company reached on December 7th.

The stock underperformed when compared to some of its competitors Wednesday, as Oracle Corp. ORCL rose 1.19% to $59.73, Workday Inc. Cl A WDAY fell 3.81% to $219.48, and Paychex Inc. PAYX fell 0.12% to $93.22. Trading volume (336,132) remained 58,209 below its 50-day average volume of 394,341.

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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