Shares of Paycom Software Inc.
slid 6.63% to $304.67 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 1.22% to 4,356.45 and Dow Jones Industrial Average
falling 0.19% to 34,297.73. Paycom Software Inc. closed $254.30 short of its 52-week high ($558.97), which the company reached on November 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Oracle Corp.
fell 1.64% to $81.07, Workday Inc. Cl A
fell 4.65% to $236.11, and Paychex Inc.
fell 1.10% to $118.77. Trading volume (706,183) eclipsed its 50-day average volume of 443,253.