Shares of Paycom Software Inc. /zigman2/quotes/208108773/composite PAYC -5.57% shed 0.96% to $448.37 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.89% rising 0.17% to 4,690.70 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.30% rising 0.55% to 35,813.80. This was the stock's second consecutive day of losses. Paycom Software Inc. closed $110.60 short of its 52-week high ($558.97), which the company achieved on November 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Oracle Corp. /zigman2/quotes/202180826/composite ORCL -0.60% fell 1.77% to $92.94, Workday Inc. Cl A /zigman2/quotes/201157610/composite WDAY -2.41% fell 0.17% to $274.28, and Paychex Inc. /zigman2/quotes/202030365/composite PAYX -1.92% rose 0.88% to $125.47. Trading volume (380,820) eclipsed its 50-day average volume of 339,944.