Shares of Paycom Software Inc. PAYC shed 0.33% to $415.71 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.13% to 3,662.45 and the Dow Jones Industrial Average DJIA rising 0.63% to 29,823.92. The stock's fall snapped a three-day winning streak. Paycom Software Inc. closed $6.79 below its 52-week high ($422.50), which the company reached on November 30th.
The stock underperformed when compared to some of its competitors Tuesday, as Oracle Corp. ORCL rose 1.77% to $58.74, Workday Inc. Cl A WDAY rose 0.40% to $225.70, and Paychex Inc. PAYX rose 0.46% to $93.58. Trading volume (267,147) remained 134,358 below its 50-day average volume of 401,505.