Paycom Software program Inc. inventory falls Friday, underperforms market

Revealed: March 10, 2023 at 5:15 p.m. ET

Shares of Paycom Software program Inc. PAYC slid 4.36% to $273.28 Friday, on what proved to be an all-around grim buying and selling session for the inventory market, with the S&P 500 Index SPX falling 1.45% to three,861.59 and Dow Jones Industrial Common DJIA falling 1.07% to 31,909.64. This was the inventory’s second consecutive day of losses. Paycom Software program Inc. closed $129.50 beneath its 52-week excessive ($402.78), which the corporate achieved on August fifteenth.

The inventory underperformed when in comparison with a few of its rivals Friday, as Oracle Corp. ORCL…

Shares of Paycom Software program Inc.

PAYC

slid 4.36% to $273.28 Friday, on what proved to be an all-around grim buying and selling session for the inventory market, with the S&P 500 Index

SPX

falling 1.45% to three,861.59 and Dow Jones Industrial Common

DJIA

falling 1.07% to 31,909.64. This was the inventory’s second consecutive day of losses. Paycom Software program Inc. closed $129.50 beneath its 52-week excessive ($402.78), which the corporate achieved on August fifteenth.

The inventory underperformed when in comparison with a few of its rivals Friday, as Oracle Corp.

ORCL

fell 3.22% to $84.07 and Intuit Inc.

INTU

fell 2.96% to $392.61. Buying and selling quantity (703,886) eclipsed its 50-day common quantity of 506,308.


Editor’s Observe: This story was auto-generated by Automated Insights, an automation expertise supplier, utilizing information from Dow Jones and FactSet. See our market data terms of use.

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