NASDAQ:PCTY

Paylocity Dips After AI Gain — What’s Driving PCTY Stock Now
·······

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.
June 3, 2026

Stock Market Today

  • Aurora Labs Secures $1 Million Defence Grant to Scale Micro Gas Turbine Production
    June 2, 2026, 8:31 PM EDT. Aurora Labs (ASX:A3D) won a $1 million Defence Industry Development Grant from the Australian Department of Defence to advance manufacturing of its Micro Gas Turbine (MGT) propulsion systems. The company will co-invest an equal amount, totaling $2 million, to acquire a large-format metal 3D printer at its Canning Vale facility. This equipment is critical for scaling production to meet rising demand in defence markets, particularly for autonomous systems and guided weapons. The grant aligns with Australia's Sovereign Defence Industrial Priorities, aiming to strengthen local defence manufacturing and reduce reliance on foreign suppliers. Managing Director Rebekah Letheby described the funding as a pivotal shift from research to high-rate sovereign manufacturing of advanced defence propulsion technologies.