Oracle Corp. Stock Slips 8.8%, Underperforms Peers

Dow Jones10-15

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

Shares of Oracle Corp. shed 8.8% to $130.55 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,718.94 and Dow Jones Industrial Average falling 0.1% to 51,621.48.

Oracle Corp. closed 59.5% short of its 52-week high of $322.54, which the company achieved on October 16th.

The stock underperformed when compared to some of its peers, as Microsoft Corp. fell 1.8% to $533.69, Alphabet Inc. Cl C fell 1.7% to $343.65, and Alphabet Inc. Cl A fell 1.74% to $347.64.

Trading volume totaled 50.4 million, compared to the 50-day average of 28.7 million.

Data source: Dow Jones Market Data, FactSet

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