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Stocks•24 April 2026•

1 min read

Mixed Results for Software Stocks: Tyler Technologies Gains as Paycom Extends Losing Streak

Key Facts

1TYL stock rose 1.87% to close at $342.03, yet underperformed compared to its competitors.

2PAYC shares fell by 1.42% to $123.72, marking its fourth consecutive day of losses.

3The S&P 500 Index rose 0.80% while the Dow Jones Industrial Average fell 0.16% during a mixed session.

The software sector exhibited mixed performance during Friday's trading session, with Tyler Technologies (TYL) shares rising 1.87% to close at $342.03. Despite the daily gain, the stock underperformed relative to its industry peers. Meanwhile, Paycom Software (PAYC) saw its shares decline by 1.42% to $123.72, marking the company's fourth consecutive day of losses. These movements occurred against a backdrop of mixed market benchmarks, as the S&P 500 rose 0.80% while the Dow Jones Industrial Average slipped 0.16%. The divergent price action highlights specific relative strengths and weaknesses within the software industry. Investors remain focused on whether these mid-to-large cap stocks can stabilize amid broader market volatility.