Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Oracle Corp. Stock Slips 8.8%, Underperforms Peers

Oracle Corp. Stock Slips 8.8%, Underperforms Peers

Dow JonesDow Jones2026/10/14 20:33

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

(END) Dow Jones Newswires

October 14, 2026 16:33 ET (20:33 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Reserve Bank of Australia faces a dilemma in its rate hike path: the job market is cooling faster than expected, but inflationary pressures remain persistent.

Christopher Kent, Assistant Governor of the Reserve Bank of Australia (RBA), stated that the Australian labor market is showing signs of cooling faster than the central bank had anticipated. This highlights the dilemma faced by policymakers: striving to curb inflation while also preserving the gains already achieved in the job market.

智通财经•2026/10/19 04:01
The Reserve Bank of Australia faces a dilemma in its rate hike path: the job market is cooling faster than expected, but inflationary pressures remain persistent.