January 25, 2023

Oracle Corp. stock rises Tuesday, outperforms market

Shares of Oracle Corp. ORCL inched 0.82% higher to $89.70 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.31% to 33,733.96 and the S&P 500 Index SPX falling 0.07% to 4,016.95. This was the stock’s third consecutive day of gains. Oracle Corp. hit a new 52-week high, surpassing its previous peak of $89.47, which the company reached on January 13th.

The stock outperformed some of its competitors Tuesday, as Microsoft Corp. MSFT fell 0.22%…

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