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Shares of Oracle Corp. (ORCL) advanced 1.04% to $63.07 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.97% to 3,719.04 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. The stock's rise snapped a six-day losing streak. Oracle Corp. closed $43.27 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 Wednesday, as Microsoft Corp. (MSFT) rose 1.97% to $241.07, Adobe Inc. (ADBE) rose 1.38% to $281.40, and Salesforce Inc. (CRM) rose 0.86% to $150.17. Trading volume (8.5 M) eclipsed its 50-day average volume of 7.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 28, 2022.
(END) Dow Jones Newswires
September 28, 2022 17:13 ET (21:13 GMT)
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