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Shares of Oracle Corp. (ORCL) slipped 2.54% to $83.38 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. This was the stock's sixth consecutive day of losses. Oracle Corp. closed $22.96 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 Wednesday, as Microsoft Corp. (MSFT) rose 0.22% to $303.33, Adobe Inc. (ADBE) rose 0.63% to $516.58, and Salesforce.com Inc. (CRM) rose 0.09% to $226.27. Trading volume (10.2 M) eclipsed its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
(END) Dow Jones Newswires
January 19, 2022 17:15 ET (22:15 GMT)
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