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Shares of Oracle Corp. (ORCL) advanced 2.00% to $77.17 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. This was the stock's second consecutive day of gains. Oracle Corp. closed $29.17 below its 52-week high ($106.34), which the company achieved on December 10th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 8.23% to $242.98, Adobe Inc. (ADBE) rose 10.40% to $329.95, and Salesforce Inc. (CRM) rose 10.02% to $156.30. Trading volume (10.4 M) eclipsed its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:14 ET (22:14 GMT)
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