Share “Eagle and Beagle for Sunday, Aug. 17, 2014”

Eagle and Beagle for Sunday, Aug. 17, 2014

Oklahoma Eagle and Beagle for Sunday, Aug. 17, 2014
Oklahoman Published: August 17, 2014
Advertisement

Stocks

Eagle

Our eagle promises to take care of your payroll.

For those of you who own shares of the firm, it’s also taking care of your income — or at least it did last week.

Paycom Software, the Oklahoma City online payroll provider, went public earlier this year during a shaky period for IPOs, and the stock price stumbled a bit out of the gate (if I can mix my animal metaphors).

But last week, the stock suddenly found its footing. PAYC shares grew 24 percent over the past five days before closing at $16.84 on Friday.

Paycom’s most recent earnings report touted revenue growth, and the company continues to hire and expand — particularly at its home office next to the Kilpatrick Turnpike (home of the $4 subsidized lunch).

The stock is even approaching its all-time high of $17.92 set on that first day of trading back in May.

Continue reading this story on the...

by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Tulsa secret Santa pays off Wal-Mart layaways, hands out gift cards
  2. 2
    Cuban-born Tulsans have different perspectives on policy shift
  3. 3
    Bo Pelini rips Nebraska A.D. Shawn Eichorst in expletive-filled talk during final meeting with...
  4. 4
    More theaters bail on 'The Interview' in wake of hackers' threat
  5. 5
    Tulsa Washington alum Tyler Lockett on AFCA Coaches' All-American Team
+ show more