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Shares of Oracle Corp. (ORCL) shed 2.58% to $75.12 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. This was the stock's second consecutive day of losses. Oracle Corp. closed $31.22 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 Wednesday, as Microsoft Corp. (MSFT) fell 3.54% to $220.10, Adobe Inc. (ADBE) fell 4.68% to $301.22, and Salesforce Inc. (CRM) fell 6.14% to $150.01.true Trading volume (7.5 M) remained 2.0 million below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:14 ET (21:14 GMT)
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