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Shares of Oracle Corp. ORCL shed 1.70% to $66.53 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA falling 0.15% to 30,483.13. This was the stock's fifth consecutive day of losses. Oracle Corp. closed $39.81 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 Wednesday, as Microsoft Corp. MSFT fell 0.24% to $253.13, Adobe Inc. ADBE rose 0.64% to $365.33, and Salesforce Inc. CRM rose 0.37% to $167.45. Trading volume (8.2 M) eclipsed its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 22, 2022.
(END) Dow Jones Newswires
June 22, 2022 17:12 ET (21:12 GMT)
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