Shares of Paycom Software Inc. PAYC rallied 1.52% to $388.25 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.93% to 4,173.42 and the Dow Jones Industrial Average DJIA rising 0.93% to 34,137.31. The stock's rise snapped a two-day losing streak. Paycom Software Inc. closed $82.83 below its 52-week high ($471.08), which the company reached on December 23rd.
The stock outperformed some of its competitors Wednesday, as Oracle Corp. ORCL fell 3.26% to $76.66, Workday Inc. Cl A WDAY rose 0.68% to $251.62, and Paychex Inc. PAYX rose 0.73% to $98.22. Trading volume (207,122) remained 190,714 below its 50-day average volume of 397,836.