Shares of Oracle Corp. ORCL, -4.62% slid 4.62% to $75.53 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -2.12% falling 2.12% to 4,380.26 and Dow Jones Industrial Average DJIA, -1.78% falling 1.78% to 34,312.03. This was the stock’s second consecutive day of losses. Oracle Corp. closed $30.81 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 Thursday, as Microsoft Corp. MSFT, -2.93% fell 2.93% to $290.73, Adobe Inc. ADBE, -4.18% fell 4.18% to $457.71, and Salesforce.com Inc. CRM, -5.53% fell 5.53% to $200.03. Trading volume (9.2 M) remained 1.1 million below its 50-day average volume of 10.3 M.