Oracle Corp. Stock Rises Tuesday, Outperforms Market
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Shares of Oracle Corp. (ORCL) rose 1.38% to $72.53 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,001.05 and the Dow Jones Industrial Average falling 0.26% to 32,160.74. The stock's rise snapped a three-day losing streak. Oracle Corp. closed $33.81 below its 52-week high ($106.34), which the company reached on December 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 1.86% to $269.50, Adobe Inc. (ADBE) rose 4.28% to $393.03, and Salesforce Inc. (CRM) rose 2.17% to $167.15. Trading volume (8.1 M) remained 355,991 below its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2022.
(END) Dow Jones Newswires
May 10, 2022 17:13 ET (21:13 GMT)
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