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Shares of Oracle Corp. (ORCL) slipped 0.16% to $89.72 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,725.79 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. This was the stock's sixth consecutive day of losses. Oracle Corp. closed $16.62 short of its 52-week high ($106.34), which the company reached on December 10th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 0.45% to $334.69, Adobe Inc. (ADBE) rose 1.00% to $569.62, and Salesforce.com Inc. (CRM) rose 0.13% to $253.14. Trading volume (9.0 M) remained 461,194 below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2021.
(END) Dow Jones Newswires
December 23, 2021 17:15 ET (22:15 GMT)
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