Shares of Oracle Corp. ORCL, +6.07% rose 6.07% to $104.29 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.88% rising 0.88% to 4,151.28 and the Dow Jones Industrial Average DJIA, -0.11% falling 0.11% to 32,764.65.
The stock’s rise snapped a three-day losing streak.
Oracle Corp. hit a new 52-week high, surpassing its previous peak of $103.10, which the company reached on May 22nd.
The stock outperformed some of its competitors Thursday, as Microsoft Corp. MSFT, +3.85% rose 3.85% to $325.92, Alphabet Inc. Cl C GOOG, +2.23% rose 2.23% to $124.35, and Alphabet Inc. Cl A GOOGL, +2.13% rose 2.13% to $123.48.
Trading volume (16.7 M) eclipsed its 50-day average volume of 7.2 M.