Why Oracle Stock Slumped on Thursday
Shares of (NYSE: ORCL) dropped Thursday morning, falling as much as 6.5%. As of 1:48 a.m. ET, the stock was still down 4.4%.
There was no company-specific news to explain the enterprise database and artificial intelligence (AI) specialist's decline. However, a cloud competitor posted results that investors found wanting.
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Source Fool.com
Oracle Corp. Stock
€116.82
0.920%
With 99 Buy predictions and 1 Sell predictions Oracle Corp. is one of the favorites of our community.
Based on the current price of 116.82 € the target price of 258 € shows a potential of 120.85% for Oracle Corp. which would more than double the current price.
