Shares of Paycom Software Inc. /zigman2/quotes/208108773/composite PAYC +4.01% inched 0.35% higher to $535.82 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.40% rising 0.21% to 35,677.02 and the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +2.07% falling 0.11% to 4,544.90. This was the stock's second consecutive day of gains. Paycom Software Inc. hit a new 52-week high, surpassing its previous peak of $533.97, which the company achieved on October 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Oracle Corp. /zigman2/quotes/202180826/composite ORCL +1.25% rose 2.02% to $98.25, Workday Inc. Cl A /zigman2/quotes/201157610/composite WDAY +4.14% fell 0.08% to $280.79, and Paychex Inc. /zigman2/quotes/202030365/composite PAYX +0.98% rose 1.14% to $123.77. Trading volume (221,222) remained 110,722 below its 50-day average volume of 331,944.