DJ Oracle Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Oracle Corp. $(ORCL)$ inched 0.86% higher to $139.01 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,459.10 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
The stock's rise snapped a two-day losing streak.
Oracle Corp. closed $7.58 below its 52-week high ($146.59), which the company reached on July 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. $(MSFT)$ rose 1.64% to $425.27, Alphabet Inc. Cl C $(GOOG)$ fell 0.28% to $168.68, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.17% to $167.00.
Trading volume (5.1 M) remained 4.3 million below its 50-day average volume of 9.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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(END) Dow Jones Newswires
July 26, 2024 16:34 ET (20:34 GMT)
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