Oracle Corp. Stock Rises Tuesday, Still Underperforms Market

Power Corporation of Canada

Change company Symbol lookup

Select an option...

PWCDF Power Corporation of Canada

SIEGY Siemens AG

FDBC Fidelity D&D Bancorp Inc

$BUKCHET Bloomberg Coffee Subindex Euro

BMY Bristol-Myers Squibb Co

MLGO MicroAlgo Inc

FRST Primis Financial Corp

VII 7GC & Holdings Co Inc

PEBO Peoples Bancorp Inc

BIOAF Bioasis Technologies Inc

Financials : Insurance | Large Cap Value
Based in Canada

Company profile

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. The Company’s reportable segments include Lifeco, IGM Financial and GBL. Lifeco is a financial service holding company with interests in life insurance, health insurance, retirement and investment management services, asset management and reinsurance businesses primarily in Canada, the United States and Europe. IGM Financial is a wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors through North America, Europe, and Asia. GBL is a Belgian holding company, which is focused on long-term and sustainable value creation.

Oracle Corp. Stock Rises Tuesday, Still Underperforms Market

5:15 pm ET October 25, 2022 (MarketWatch) Print

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

Shares of Oracle Corp. (ORCL) inched 0.30% higher to $73.14 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. This was the stock's fourth consecutive day of gains. Oracle Corp. closed $33.20 below its 52-week high ($106.34), which the company reached on December 10th.

The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 1.38% to $250.66, Adobe Inc. (ADBE) rose 2.39% to $323.79, and Salesforce Inc. (CRM) rose 2.88% to $165.27. Trading volume (9.1 M) eclipsed its 50-day average volume of 9.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.

(END) Dow Jones Newswires

October 25, 2022 17:15 ET (21:15 GMT)