Oracle Corp. Stock Slips 6.6%, Underperforms Competitors

Dow Jones
07 Mar

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

Shares of Oracle Corp. slipped 6.6% to $150.94 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.8% to 5,738.52 and Dow Jones Industrial Average falling 1.0% to 42,579.08.

Oracle Corp. closed 23.9% short of its 52-week high of $198.31, which the company reached on December 9th.

The stock underperformed when compared to some of its competitors, as Microsoft Corp. fell 1.0% to $396.89, Alphabet Inc. Cl C fell 0.4% to $174.21, and Alphabet Inc. Cl A fell 0.39% to $172.35.

Trading volume totaled 12.2 million, compared to the 50-day average of 10.7 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 06, 2025 16:34 ET (21:34 GMT)

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