Oracle Corp. stock outperforms market on strong trading day

Oracle Corp. stock outperforms market on strong trading day

Shares of Oracle Corp. ORCL, +2.36% rose 2.36% to $70.25 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.66% rising 1.66% to 3,974.54 and the Dow Jones Industrial Average DJIA, +1.39% rising 1.39% to 33,072.88. This was the stock’s second consecutive day of gains. Oracle Corp. closed $3.37 short of its 52-week high ($73.62), which the company reached on March 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. MSFT, +1.78% rose 1.78% to $236.48, Adobe Inc. ADBE, +4.01% rose 4.01% to $469.09, and Salesforce.com Inc. CRM, +1.78% rose 1.78% to $209.09. Trading volume (12.6 M) remained 257,174 below its 50-day average volume of 12.9 M.

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