Oracle Corp. Stock Falls Friday, Underperforms Market

Bancolombia SA

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Based in Colombia

Company profile

Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.

Oracle Corp. Stock Falls Friday, Underperforms Market

5:12 pm ET April 22, 2022 (MarketWatch) Print

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

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.

-MarketWatch Automation

(END) Dow Jones Newswires

April 22, 2022 17:12 ET (21:12 GMT)