Oracle Corp. Stock Rises Friday, Outperforms Market
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Shares of Oracle Corp. (ORCL) rose 2.94% to $77.36 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's seventh consecutive day of gains. Oracle Corp. closed $28.98 below its 52-week high ($106.34), which the company reached on December 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 4.02% to $235.87, Adobe Inc. (ADBE) rose 2.21% to $325.68, and Salesforce Inc. (CRM) rose 2.05% to $163.02. Trading volume (8.8 M) remained 468,462 below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 17:14 ET (21:14 GMT)
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