Paycom Software Inc. stock underperforms Wednesday when compared to competitors despite daily gains

Shares of Paycom Software Inc. PAYC,
rallied 1.98% to $304.25 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX,
rising 1.28% to 3,969.61 and the Dow Jones Industrial Average DJIA,
rising 0.80% to 33,973.01. This was the stock’s third consecutive day of gains. Paycom Software Inc. closed $98.53 below its 52-week high ($402.78), which the company reached on August 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, such as Oracle Corp. ORCL,
rose 2.43% to $88.60 and Intuit Inc. INTU,
rose 1.71% to $395.31. Trading volume (390,272) remained 84,174 below its 50-day average volume of 474,446.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.