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Shares of Oracle Corp. (ORCL) inched 0.62% higher to $71.17 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. The stock's rise snapped a two-day losing streak. Oracle Corp. closed $35.17 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 Friday, as Microsoft Corp. (MSFT) rose 2.26% to $261.12, Adobe Inc. (ADBE) rose 4.37% to $405.45, and Salesforce Inc. (CRM) rose 4.05% to $166.91. Trading volume (6.7 M) remained 1.8 million below its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 17:12 ET (21:12 GMT)
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