Oracle Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Oracle Corp. (ORCL) slipped 2.68% to $86.46 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. The stock's fall snapped a two-day winning streak. Oracle Corp. closed $19.88 below its 52-week high ($106.34), which the company reached on December 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 3.84% to $316.38, Adobe Inc. (ADBE) fell 7.14% to $514.43, and Salesforce.com Inc. (CRM) fell 8.28% to $227.67.true Trading volume (11.2 M) eclipsed its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
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January 05, 2022 17:15 ET (22:15 GMT)
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