Shares of Oracle Corp. ORCL, -0.01% shed 0.01% to $89.63 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.25% rising 0.25% to 4,447.70 and the Dow Jones Industrial Average DJIA, +0.62% rising 0.62% to 35,484.97. This was the stock’s second consecutive day of losses. Oracle Corp. closed $1.57 below its 52-week high ($91.20), which the company reached on July 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT, +0.18% rose 0.18% to $286.95, Adobe Inc. ADBE, +0.69% rose 0.69% to $626.03, and Salesforce.com Inc. CRM, -0.46% fell 0.46% to $242.28. Trading volume (8.0 M) remained 3.9 million below its 50-day average volume of 11.9 M.
Leave a Reply