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
€117.78
-0.190%
The stock is one of the favorites of our community with 103 Buy predictions and 1 Sell predictions.
With a target price of 237 € there is potential for a 101.22% increase which would mean more than doubling the current price of 117.78 € for Oracle Corp..
