Shares of Paycom Software Inc. PAYC advanced 2.49% to $402.49 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.56% to 3,577.59 and the Dow Jones Industrial Average DJIA rising 1.12% to 29,591.27. This was the stock's third consecutive day of gains. Paycom Software Inc. closed $17.49 short of its 52-week high ($419.98), which the company achieved on November 9th.
The stock outperformed some of its competitors Monday, as Oracle Corp. ORCL rose 0.68% to $56.08, Workday Inc. Cl A WDAY fell 1.10% to $207.10, and Paychex Inc. PAYX rose 1.47% to $91.97. Trading volume (269,039) remained 152,409 below its 50-day average volume of 421,448.