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...