Shares of Paycom Software Inc. /zigman2/quotes/208108773/composite PAYC -0.36% shed 1.48% to $504.40 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.54% rising 0.37% to 4,697.53 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.02% rising 0.56% to 36,327.95. This was the stock's third consecutive day of losses. Paycom Software Inc. closed $54.57 below its 52-week high ($558.97), which the company reached on November 2nd.
The stock underperformed when compared to some of its competitors Friday, as Oracle Corp. /zigman2/quotes/202180826/composite ORCL +0.24% fell 0.71% to $94.95, Workday Inc. Cl A /zigman2/quotes/201157610/composite WDAY +0.51% fell 0.19% to $289.92, and Paychex Inc. /zigman2/quotes/202030365/composite PAYX -1.74% rose 0.72% to $124.63. Trading volume (456,744) eclipsed its 50-day average volume of 342,279.