Shares of Paycom Software Inc. PAYC inched 0.02% higher to $392.71 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.68% to 3,557.54 and Dow Jones Industrial Average DJIA falling 0.75% to 29,263.48. This was the stock's second consecutive day of gains. Paycom Software Inc. closed $27.27 short of its 52-week high ($419.98), which the company achieved on November 9th.
The stock outperformed some of its competitors Friday, as Oracle Corp. ORCL fell 1.33% to $55.70, Workday Inc. Cl A WDAY fell 9.27% to $209.40, and Paychex Inc. PAYX fell 1.56% to $90.64. Trading volume (252,081) remained 170,006 below its 50-day average volume of 422,087.