Shares of Paycom Software Inc.
slipped 2.79% to $318.57 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.72% to 4,348.87 and Dow Jones Industrial Average
falling 0.68% to 34,079.18. This was the stock’s third consecutive day of losses. Paycom Software Inc. closed $240.40 short of its 52-week high ($558.97), which the company achieved on November 2nd.
The stock underperformed when compared to some of its competitors Friday, as Oracle Corp.
fell 1.27% to $74.57, Workday Inc. Cl A
fell 1.03% to $214.47, and Paychex Inc.
fell 0.44% to $115.84. Trading volume (378,106) remained 161,970 below its 50-day average volume of 540,076.