Oracle Corp. Stock Outperforms Competitors Despite Losses On The Day

United States Steel Corp

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Materials : Metals & Mining | Small Cap Value

Company profile

United States Steel Corporation (U.S Steel) is an integrated steel producer, which is engaged in producing and selling steel products, including flat-rolled and tubular products, in North America and Europe. The Company’s operations in the United States also include iron ore and coke production facilities and real estate operations. Its operations in Europe also include coke production facilities. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U.S. Steel Europe (USSE); and Tubular Products (Tubular). The Company owns approximately 45,000 acres of real estate assets, either held for development or managed, in Alabama, Illinois, Michigan, Minnesota and Pennsylvania. It performs a range of applied research, development, and technical support functions at facilities in Pennsylvania, Michigan, Texas and Slovakia. It serves customers primarily in the automotive, construction, consumer, electrical, industrial equipment, distribution and energy markets.

Oracle Corp. Stock Outperforms Competitors Despite Losses On The Day

7:51 am ET April 22, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Oracle Corp. (ORCL) slid 1.01% to $79.48 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.48% to 4,393.66 and Dow Jones Industrial Average falling 1.05% to 34,792.76. The stock's fall snapped a two-day winning streak. Oracle Corp. closed $26.86 short of its 52-week high ($106.34), which the company reached on December 10th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 1.94% to $280.81, Adobe Inc. (ADBE) fell 2.48% to $417.48, and Salesforce Inc. (CRM) fell 4.83% to $177.23.true Trading volume (5.6 M) remained 3.0 million below its 50-day average volume of 8.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2022.

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April 22, 2022 07:51 ET (11:51 GMT)