Oracle Corp. Stock Falls Monday, Underperforms Market

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Oracle Corp. Stock Falls Monday, Underperforms Market

5:12 pm ET May 16, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Oracle Corp. (ORCL) shed 2.05% to $69.71 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 32,223.42 and the S&P 500 Index falling 0.39% to 4,008.01. Oracle Corp. closed $36.63 short of its 52-week high ($106.34), which the company reached on December 10th.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 0.15% to $261.50, Adobe Inc. (ADBE) fell 0.64% to $402.86, and Salesforce Inc. (CRM) fell 1.67% to $164.12. 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 16, 2022.

(END) Dow Jones Newswires

May 16, 2022 17:12 ET (21:12 GMT)