Oracle Corp. Stock Falls Monday, Underperforms Market
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Shares of Oracle Corp. ORCL dropped 0.41% to $70.41 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. The stock's fall snapped a two-day winning streak. Oracle Corp. closed $35.93 short of its 52-week high ($106.34), which the company reached on December 10th.
Despite its losses, the stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT fell 1.05% to $264.89, Adobe Inc. ADBE fell 1.72% to $381.07, and Salesforce Inc. CRM fell 2.48% to $181.31.true Trading volume (8.8 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:12 ET (21:12 GMT)
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