Tiger Brokers

Oracle Corp. Stock Falls 5.4%, Underperforms Peers

Dow Jones
2 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Oracle Corp. slid 5.4% to $152.94 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.6% to 7,591.70 and Dow Jones Industrial Average falling 0.6% to 52,064.10.

This was the stock's second consecutive day of losses.

Oracle Corp. closed 55.8% below its 52-week high of $345.72, which the company achieved on September 10th.

The stock underperformed when compared to some of its peers, as Microsoft Corp. rose 0.2% to $492.44, Alphabet Inc. Cl C rose 0.6% to $330.39, and Alphabet Inc. Cl A rose 0.59% to $332.60.

Trading volume totaled 46.3 million, compared to the 50-day average of 31.6 million.

Data source: Dow Jones Market Data, FactSet

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