Oracle Corp. Stock Underperforms Tuesday When Compared To Competitors

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Citigroup Inc. is a diversified financial service holding company. The Company provides a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. It operates through two segments: Institutional Clients Group (ICG) and Global Consumer Banking (GCB). ICG segment consists of banking and markets and securities services and provides corporate, institutional, public sector and high-net-worth clients with a range of banking and financial products and services. GCB segment includes a global, full-service consumer franchise delivering an array of banking, credit card, lending and investment services through a network of local branches, offices and electronic delivery systems. It consists of three GCB units, which include North America, Latin America and Asia, including consumer banking activities in certain Europe, the Middle East and Africa (EMEA) countries.

Oracle Corp. Stock Underperforms Tuesday When Compared To Competitors

5:15 pm ET December 28, 2021 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Oracle Corp. (ORCL) slipped 0.99% to $88.65 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 36,398.21 and the S&P 500 Index falling 0.10% to 4,786.35. This was the stock's eighth consecutive day of losses. Oracle Corp. closed $17.69 below its 52-week high ($106.34), which the company reached on December 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.35% to $341.25, Adobe Inc. (ADBE) fell 1.44% to $569.36, and Salesforce.com Inc. (CRM) fell 1.10% to $255.45. Trading volume (5.6 M) remained 3.7 million below its 50-day average volume of 9.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2021.

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December 28, 2021 17:15 ET (22:15 GMT)