Oracle Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Oracle Corp. (ORCL) slipped 1.31% to $71.54 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 3.20% to 3,991.24 and Dow Jones Industrial Average falling 1.99% to 32,245.70. This was the stock's third consecutive day of losses. Oracle Corp. closed $34.80 below its 52-week high ($106.34), which the company reached on December 10th.
Despite its losses, the stock outperformed some of its competitors Monday, as Microsoft Corp. (MSFT) fell 3.69% to $264.58, Adobe Inc. (ADBE) fell 3.61% to $376.91, and Salesforce Inc. (CRM) fell 3.59% to $163.60.true Trading volume (7.0 M) remained 1.5 million below its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2022.
(END) Dow Jones Newswires
May 09, 2022 17:12 ET (21:12 GMT)
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