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Oct. 22, 2021, 5:14 p.m. EDT

Paycom Software Inc. stock underperforms Friday when compared to competitors despite daily gains

MarketWatch Automation

Shares of Paycom Software Inc. (NYS:PAYC) 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 (DOW:DJIA) rising 0.21% to 35,677.02 and the S&P 500 Index (S&P:SPX) 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. (NYS:ORCL) rose 2.02% to $98.25, Workday Inc. Cl A (NAS:WDAY) fell 0.08% to $280.79, and Paychex Inc. (NAS:PAYX) rose 1.14% to $123.77. Trading volume (221,222) remained 110,722 below its 50-day average volume of 331,944.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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