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Shares of Oracle Corp. (ORCL) slid 4.11% to $76.21 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.77% to 4,271.78 and Dow Jones Industrial Average falling 2.82% to 33,811.40. This was the stock's second consecutive day of losses. Oracle Corp. closed $30.13 below its 52-week high ($106.34), which the company achieved on December 10th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) fell 2.41% to $274.03, Adobe Inc. (ADBE) fell 2.11% to $408.67, and Salesforce Inc. (CRM) fell 3.27% to $171.43. Trading volume (9.4 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2022.
(END) Dow Jones Newswires
April 22, 2022 17:12 ET (21:12 GMT)
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