Shares of Paycom Software Inc. PAYC,
advanced 3.05% to $311.87 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX,
rising 1.75% to 3,849.28 and the Dow Jones Industrial Average DJIA,
rising 1.05% to 33,220.80. This was the stock’s second consecutive day of gains. Paycom Software Inc. closed $110.96 short of its 52-week high ($422.83), which the company reached on December 30th.
The stock demonstrated mixed performance when compared to some of its competitors Thursday, such as Oracle Corp. ORCL,
rose 1.33% to $81.40 and Intuit Inc. INTU,
rose 3.82% to $390.87. Trading volume (347,520) remained 80,371 below its 50-day average volume of 427,891.