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Published: September 14, 2023 at 5:11 PM ET

The shares of Paycom Software Inc. PAYC rose 0.34% to $280.34 on Thursday in what proved to be a great trading session for the stock market, with the S&P 500 Index SPX up 0.84% ​​to 4,505.10 and the Dow Jones Industrial Average DJIA rising by 0.96% to 34,907.11.

The stock’s rise ended a two-day losing streak.

Paycom software…

Shares of Paycom Software Inc.

PAYC

rose 0.34% to $280.34 on Thursday in what turned out to be a great trading session for the stock market, with the S&P 500 Index

SPX

rises 0.84% ​​to 4,505.10 and the Dow Jones Industrial Average

DJIA

rises by 0.96% to 34,907.11.

The stock’s rise ended a two-day losing streak.

Paycom Software Inc. closed $93.70 below the 52-week high ($374.04), which the company reached on July 31.

The stock underperformed some of its peers, such as Oracle Corp., on Thursday.

ORCL

rose 1.63% to $113.66 and Intuit Inc.

INTU

rose 1.04% to $547.60.

Trading volume (421,697) remained 127,262 below the 50-day average volume of 548,959.

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

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By Admin