Oracle Corp. Stock Rises Wednesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Oracle Corp. (ORCL) rallied 2.62% to $75.21 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. Oracle Corp. closed $31.13 short of its 52-week high ($106.34), which the company achieved on December 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 2.91% to $289.98, Adobe Inc. (ADBE) rose 3.87% to $423.35, and Salesforce Inc. (CRM) rose 3.99% to $185.48. Trading volume (6.8 M) remained 1.9 million below its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
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May 04, 2022 17:13 ET (21:13 GMT)
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