Oracle Corp. Stock Rises Friday, Outperforms Market
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Shares of Oracle Corp. (ORCL) advanced 4.98% to $72.70 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. This was the stock's second consecutive day of gains. Oracle Corp. closed $33.64 short of its 52-week high ($106.34), which the company achieved on December 10th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.53% to $242.12, Adobe Inc. (ADBE) rose 1.32% to $306.37, and Salesforce Inc. (CRM) rose 1.70% to $160.17. Trading volume (15.6 M) eclipsed its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.
(END) Dow Jones Newswires
October 21, 2022 17:14 ET (21:14 GMT)
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