Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Oracle Corp. Stock Falls 5.5%, Underperforms Peers

Oracle Corp. Stock Falls 5.5%, Underperforms Peers

Dow JonesDow Jones2026/10/08 20:34

This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of Oracle Corp. slid 5.5% to $135.69 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 51,231.64 and the S&P 500 Index falling 0.5% to 7,765.36. This was the stock's second consecutive day of losses. Oracle Corp. closed 57.9% short of its 52-week high of $322.54, which the company reached on October 16th. The stock underperformed when compared to some of its peers, as Microsoft Corp. fell 1.3% to $522.61, Alphabet Inc. Cl C fell 0.7% to $344.86, and Alphabet Inc. Cl A fell 0.63% to $348.29. Trading volume totaled 41.3 million, compared to the 50-day average of 29.5 million. Data source: Dow Jones Market Data, FactSet (END) Dow Jones Newswires October 08, 2026 16:34 ET (20:34 GMT)

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

Shares of Oracle Corp. slid 5.5% to $135.69 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 51,231.64 and the S&P 500 Index falling 0.5% to 7,765.36.

This was the stock's second consecutive day of losses.

Oracle Corp. closed 57.9% short of its 52-week high of $322.54, which the company reached on October 16th.

The stock underperformed when compared to some of its peers, as Microsoft Corp. fell 1.3% to $522.61, Alphabet Inc. Cl C fell 0.7% to $344.86, and Alphabet Inc. Cl A fell 0.63% to $348.29.

Trading volume totaled 41.3 million, compared to the 50-day average of 29.5 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 08, 2026 16:34 ET (20:34 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

Canadian used car dealer UC Automotive (UCAU.RC.US) files for IPO in the US: aims to raise 29 million USD and list on Nasdaq

Canadian used car dealer UC Automotive has applied for a Nasdaq IPO, aiming to raise up to $29 million, with its main focus on the Greater Vancouver market. Kingswood is the sole underwriter.

智通财经•2026/11/09 06:12
Canadian used car dealer UC Automotive (UCAU.RC.US) files for IPO in the US: aims to raise 29 million USD and list on Nasdaq