Oracle Corp. Stock Sheds 4.6%, Underperforms Peers
Dow Jones2026/10/16 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Oracle Corp. slid 4.6% to $128.23 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 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.
Oracle Corp. closed 60.2% below 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 1.9% to $529.05, Alphabet Inc. Cl C fell 2.3% to $336.91, and Alphabet Inc. Cl A fell 2.47% to $340.59.
Trading volume totaled 34.8 million, compared to the 50-day average of 29.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 16, 2026 16:35 ET (20:35 GMT)
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