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Shares of Oracle Corp. (ORCL) shed 1.43% to $75.64 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. The stock's fall snapped a two-day winning streak. Oracle Corp. closed $30.70 short of its 52-week high ($106.34), which the company achieved on December 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 0.44% to $228.87, Adobe Inc. (ADBE) rose 0.88% to $302.17, and Salesforce Inc. (CRM) rose 1.74% to $147.10. Trading volume (9.1 M) remained 611,626 below its 50-day average volume of 9.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 17:14 ET (22:14 GMT)
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