Shares of Paycom Software Inc.
rallied 2.10% to $346.22 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.09% to 4,076.57 and Dow Jones Industrial Average
falling 0.56% to 34,395.01. This was the stock’s second consecutive day of gains. Paycom Software Inc. closed $96.16 short of its 52-week high ($442.38), which the company reached on December 7th.
The stock outperformed some of its competitors Thursday, as Oracle Corp.
rose 1.30% to $84.11 and Intuit Inc.
rose 2.08% to $416.07. Trading volume (556,946) eclipsed its 50-day average volume of 410,571.