Oracle Corp. Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Oracle Corp. (ORCL) slumped 0.50% to $88.21 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,793.06 and the Dow Jones Industrial Average rising 0.25% to 36,488.63. This was the stock's ninth consecutive day of losses. Oracle Corp. closed $18.13 below its 52-week high ($106.34), which the company achieved on December 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.21% to $341.95, Adobe Inc. (ADBE) fell 0.01% to $569.29, and Salesforce.com Inc. (CRM) fell 0.36% to $254.54. 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 29, 2021.
-MarketWatch Automation
(END) Dow Jones Newswires
December 29, 2021 17:15 ET (22:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.