Why Paycom Stock Jumped 21% on Thursday to Lead S&P 500 Gainers
1. Paycom shares surged 21% after strong Q3 earnings. 2. Demand for Paycom's services is driven by a robust labor market. 3. Q3 revenue grew 11.2% year-over-year, with recurring revenue at 98.5%. 4. Shares moved above $200, recovering from summer lows under $140.