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-0.000442086648983255 0.000884173297966397 -0.000482276344345328 -0.00104493207941492 -0.00112531147013906 -0.0136243067277551 -0.0108914074431316 -0.00639016156257537
Stock impact report

Paycom's Expanded US$1.46b Credit Line Versus Depressed Share Price [Yahoo! Finance]

Paycom Software, Inc. (PAYC) 
Last paycom software, inc. earnings: 4/28 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Paycom Software expanded its credit facility to $1.46b, increasing available liquidity. The updated facility is intended to provide more flexibility for future growth opportunities. This move comes as NYSE:PAYC trades at $125.71 following sizeable multi year share price declines. For investors watching NYSE:PAYC, the timing of this $1.46b credit facility matters. The stock closed at $125.71, with returns of a 9.1% decline over the past week, a 17.5% decline year to date, and a 41.3% decline over the past year. Over 3 and 5 years, the share price shows declines of 52.4% and 66.0%, which frames how the market has been treating the name recently. The larger credit line gives Paycom more room to consider options such as acquisitions, product investments or other uses of capital without immediately tapping equity markets. For shareholders or potential investors Show less Read more
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