Shares of Paycom Software Inc. PAYC slid 2.74% to $382.42 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.68% to 4,134.94 and Dow Jones Industrial Average DJIA falling 0.75% to 33,821.30. This was the stock's second consecutive day of losses. Paycom Software Inc. closed $88.66 below its 52-week high ($471.08), which the company achieved on December 23rd.
The stock underperformed when compared to some of its competitors Tuesday, as Oracle Corp. ORCL rose 0.62% to $79.24, Workday Inc. Cl A WDAY fell 1.80% to $249.92, and Paychex Inc. PAYX rose 1.12% to $97.51. Trading volume (244,743) remained 154,114 below its 50-day average volume of 398,857.