Oracle Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Oracle Corp. (ORCL) advanced 1.71% to $79.56 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,462.21 and the Dow Jones Industrial Average rising 1.45% to 34,911.20. The stock's rise snapped a two-day losing streak. Oracle Corp. closed $26.78 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) rose 1.70% to $285.30, Adobe Inc. (ADBE) rose 2.57% to $436.40, and Salesforce Inc. (CRM) rose 2.34% to $191.39. Trading volume (5.4 M) remained 3.2 million below its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 19, 2022.
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April 19, 2022 17:12 ET (21:12 GMT)
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