Paycom Software is trading 4.6% up today at $169.11 as the stock extends a multi-day rally driven by broader software sector strength and risk-on sentiment.
- The upward move follows a trend that began last week, with the stock benefiting from industry-wide momentum rather than any new company-specific announcements.
- Paycom's gains come despite mixed action in the broader indices as investors weigh Federal Reserve commentary and macroeconomic headlines.