Oracle Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Oracle Corp. (ORCL) dropped 0.86% to $79.20 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. The stock's fall snapped a six-day winning streak. Oracle Corp. closed $27.14 short of its 52-week high ($106.34), which the company achieved on December 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.02% to $241.68, Adobe Inc. (ADBE) fell 0.17% to $337.83, and Salesforce Inc. (CRM) fell 3.50% to $149.69. Trading volume (5.7 M) remained 4.1 million below its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 17:14 ET (22:14 GMT)
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