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Shares of Oracle Corp. (ORCL) slid 2.07% to $71.03 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. Oracle Corp. closed $35.31 short of its 52-week high ($106.34), which the company achieved on December 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 3.32% to $260.55, Adobe Inc. (ADBE) fell 3.49% to $379.33, and Salesforce Inc. (CRM) fell 3.52% to $161.27.true Trading volume (6.9 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 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 17:13 ET (21:13 GMT)
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