Why Paycom Stock Is Skyrocketing Today

Paycom's Q3 results and forward guidance suddenly have investors feeling very bullish again.Paycom Software (PAYC 23.62%) stock is surging in Thursday's trading following the company's recently published third-quarter results. The company's share price was up 24.7% as of 2:15 p.m. ET.Paycom published its Q3 results after the market closed yesterday, and sales and earnings for the period beat Wall Street's targets. In addition to the Q3 beats, the company also issued strong guidance for the current quarter.P ...