Why Paylocity Stock Rose 19.2% in November

Paylocity (NASDAQ: PCTY) posted a first-quarter earnings beat at the end of October, and shares went on to climb in November thanks to momentum in the broader market and favorable analyst coverage. The stock gained 19.2% in the month, according to data from S&P Global Market Intelligence.   

PCTY data by YCharts.

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Source Fool.com