Shares of Paycom Software Inc. PAYC inched 0.07% higher to $417.08 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.46% to 3,621.63 and Dow Jones Industrial Average DJIA falling 0.91% to 29,638.64. This was the stock's third consecutive day of gains. Paycom Software Inc. closed $2.90 short of its 52-week high ($419.98), which the company reached on November 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Oracle Corp. ORCL fell 0.07% to $57.72, Workday Inc. Cl A WDAY rose 0.42% to $224.79, and Paychex Inc. PAYX fell 0.24% to $93.15. Trading volume (393,411) remained 11,031 below its 50-day average volume of 404,442.