Oracle Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Oracle Corp. (ORCL) rose 1.01% to $76.98 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.57% to 4,296.12 and the Dow Jones Industrial Average rising 0.70% to 34,049.46. The stock's rise snapped a two-day losing streak. Oracle Corp. closed $29.36 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 Monday, as Microsoft Corp. (MSFT) rose 2.44% to $280.72, Adobe Inc. (ADBE) rose 1.29% to $413.95, and Salesforce Inc. (CRM) rose 1.83% to $174.57. Trading volume (7.3 M) remained 1.4 million below its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2022.
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April 25, 2022 17:12 ET (21:12 GMT)
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