These 10 Firms Led This Week’s Rally

5. Paycor HCM Inc. (NASDAQ:PYCR)

Despite ending in the red territory last Friday versus Wednesday’s trading, shares of Paycor HCM (PYCR) remained strong in week-on-week comparison, closing higher by 20.58 percent at $22.15 from its $18.37 finish the week prior.

Traders loaded up shares in the company after announcements that it was set to be acquired by its larger rival, Paychex.

Citing experts privy to the matter, reports said that a deal may be officially announced soon.

Should the acquisition plan push through, it would become the largest deal from New York-based Paychex to date.

Paycor (PYCR) is a software company offering human resources and payroll solutions for small and midsize businesses.

Meanwhile, Paychex offers human resources, employee benefits, insurance, and payroll services to more than 745,000 customers in the US and Europe.