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Shares of Oracle Corp. ORCL slid 2.60% to $68.58 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's second consecutive day of losses. Oracle Corp. closed $37.76 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 Tuesday, as Microsoft Corp. MSFT fell 3.17% to $256.48, Adobe Inc. ADBE fell 4.05% to $365.63, and Salesforce Inc. CRM fell 5.43% to $171.46.true Trading volume (7.2 M) remained 1.4 million below its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.
(END) Dow Jones Newswires
June 28, 2022 17:13 ET (21:13 GMT)
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