Shares of Paycom Software Inc. /zigman2/quotes/208108773/composite PAYC -3.20% inched 0.58% higher to $538.93 Monday, 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 -2.27% rising 0.47% to 4,566.48 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -2.53% rising 0.18% to 35,741.15. This was the stock's third consecutive day of gains. Paycom Software Inc. closed $7.76 short of its 52-week high ($546.69), which the company achieved on October 22nd.
The stock outperformed some of its competitors Monday, as Oracle Corp. /zigman2/quotes/202180826/composite ORCL -1.34% fell 0.37% to $97.89, Workday Inc. Cl A /zigman2/quotes/201157610/composite WDAY -0.12% rose 0.48% to $282.15, and Paychex Inc. /zigman2/quotes/202030365/composite PAYX -2.10% fell 0.48% to $123.18. Trading volume (259,889) remained 64,744 below its 50-day average volume of 324,633.