DJ Oracle Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Oracle Corp. $(ORCL)$ inched 0.52% higher to $169.66 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
This was the stock's second consecutive day of gains.
Oracle Corp. closed $28.65 short of its 52-week high ($198.31), which the company reached on December 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. $(MSFT)$ fell 0.10% to $436.60, Alphabet Inc. Cl C $(GOOG)$ rose 1.72% to $192.96, and Alphabet Inc. Cl A $(GOOGL)$ rose 1.54% to $191.41.
Trading volume (13.6 M) eclipsed its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:34 ET (21:34 GMT)
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