Open Text Corp. stock falls Tuesday, underperforms market

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Shares of Open Text Corp. OTEX, -1.62% slid 1.62% to C$63.18 Tuesday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.15% rising 0.15% to 21,453.77. This was the stock’s second consecutive day of losses. Open Text Corp. closed C$6.61 short of its 52-week high (C$69.79), which the company reached on August 31st. Trading volume of 707,449 shares eclipsed its 50-day average volume of 483,845.

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