Oracle Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Oracle Corp. (ORCL) inched 0.90% higher to $79.89 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. This was the stock's sixth consecutive day of gains. Oracle Corp. closed $26.45 below its 52-week high ($106.34), which the company achieved on December 10th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.18% to $241.73, Adobe Inc. (ADBE) fell 2.18% to $338.41, and Salesforce Inc. (CRM) fell 4.29% to $155.12. Trading volume (6.0 M) remained 3.8 million below its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 17:14 ET (22:14 GMT)
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