Oracle Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Oracle Corp. (ORCL) rallied 1.29% to $76.00 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a three-day losing streak. Oracle Corp. closed $30.34 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 3.33% to $221.39, Adobe Inc. (ADBE) fell 0.06% to $285.75, and Salesforce Inc. (CRM) fell 4.48% to $139.77. Trading volume (7.2 M) remained 2.4 million below its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:15 ET (21:15 GMT)
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