Shares of Paycom Software Inc. PAYC, -2.57% slid 2.57% to $303.89 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.48% falling 1.48% to 4,393.66 and Dow Jones Industrial Average DJIA, -1.05% falling 1.05% to 34,792.76. This was the stock’s second consecutive day of losses. Paycom Software Inc. closed $255.08 below its 52-week high ($558.97), which the company achieved on November 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Oracle Corp. ORCL, -1.01% fell 1.01% to $79.48, Workday Inc. Cl A WDAY, -3.49% fell 3.49% to $212.45, and Paychex Inc. PAYX, -0.94% fell 0.94% to $138.32. Trading volume (341,538) remained 121,743 below its 50-day average volume of 463,281.