Oracle Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Oracle Corp. (ORCL) slid 0.12% to $75.03 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.06% to 3,719.89 and Dow Jones Industrial Average falling 0.46% to 32,001.25. This was the stock's third consecutive day of losses. Oracle Corp. closed $31.31 short of its 52-week high ($106.34), which the company reached on December 10th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 2.66% to $214.25, Adobe Inc. (ADBE) fell 5.08% to $285.93, and Salesforce Inc. (CRM) fell 2.45% to $146.33.true Trading volume (6.8 M) remained 2.8 million below its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2022.
(END) Dow Jones Newswires
November 03, 2022 17:14 ET (21:14 GMT)
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