Paylocity Dips After AI Gain — What’s Driving PCTY Stock Now
Paylocity shares fell 3.7% to $117.84 Tuesday, reversing Monday’s 6.4% gain. The S&P 500 closed at a record high, while payroll stocks including Paychex and ADP also declined. Paylocity reported Q3 revenue up 10.5% to $502.3 million and boosted its buyback plan by $1 billion. CFO Ryan Glenn filed to sell 1,034 shares under a pre-set plan.
