Oracle Corp. stock rises Thursday, still underperforms market

Oracle Corp. stock rises Thursday, still underperforms market

Shares of Oracle Corp. ORCL, +0.21% inched 0.21% higher to $89.83 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.10% rising 1.10% to 4,060.43 and the Dow Jones Industrial Average DJIA, +0.61% rising 0.61% to 33,949.41. Oracle Corp. closed $0.27 below its 52-week high ($90.10), which the company reached on January 24th.

The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, +3.07% rose 3.07% to $248.00, Alphabet Inc. Cl C GOOG, +2.51% rose 2.51% to $99.16, and Alphabet Inc. Cl A GOOGL, +2.42% rose 2.42% to $97.52. Trading volume (7.3 M) remained 15,157 below its 50-day average volume of 7.3 M.

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