IBD 50’s Paycom Scores On Rebound From 200-Day Test

By | August 5, 2015

Scalper1 News

IBD 50 stock Paycom Software (PAYC) was trading at a near-four-month low just five sessions ago, but shares are rallying in the stock market today after the company late Tuesday reported second-quarter earnings and revenue that easily topped Wall Street targets. The cloud-based software developer also raised its Q3 and full-year revenue guidance above views. Shares gapped up 19.5% in big volume, retaking their 50-day moving average and then some. Scalper1 News

Scalper1 News