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Shares of Oracle Corp. (ORCL) slumped 0.19% to $88.31 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. This was the stock's second consecutive day of losses. Oracle Corp. closed $18.03 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 1.04% to $318.27, Adobe Inc. (ADBE) rose 0.47% to $532.37, and Salesforce.com Inc. (CRM) rose 1.27% to $237.83. Trading volume (5.6 M) remained 4.2 million below its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
(END) Dow Jones Newswires
January 12, 2022 17:15 ET (22:15 GMT)
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