Oracle Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Oracle Corp. (ORCL) sank 0.66% to $80.85 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. This was the stock's second consecutive day of losses. Oracle Corp. closed $25.49 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 Tuesday, as Microsoft Corp. (MSFT) fell 0.59% to $240.33, Alphabet Inc. Cl C (GOOGL) fell 0.84% to $95.44, and Alphabet Inc. Cl A (GOOGL) fell 0.90% to $95.19. Trading volume (4.9 M) remained 3.3 million below its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 17:26 ET (22:26 GMT)
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