Paycom Software (PAYC) Stock Sinks As Market Gains: Here's Why

Paycom Software (PAYC) closed at $197.57 in the latest trading session, marking a -1.36% move from the prior day. This change lagged the S&P 500's 0.08% gain on the day. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.02%.Coming into today, shares of the maker of human-resources and payroll software had lost 1.68% in the past month. In that same time, the Computer and Technology sector gained 2.68%, while the S&P 500 gained 3.52%.The upcoming earnings ...