Why Oracle Stock Was Dropping Today
Shares of Oracle (NYSE: ORCL) -- the cloud computing and legacy tech company that's emerged as a potential winner from the artificial intelligence (AI) boom -- were falling today as a note from JPMorgan Chase seemed to question growth from its Oracle Cloud Infrastructure (OCI) business through the current fiscal year.
As of 12:46 p.m. ET, Oracle stock was down 6.1%, and the broader sell-off in tech stocks today on worries about rising rates also seemed to weigh on Oracle.
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Source Fool.com
Oracle Corp. Aktie
114,40 €
1,56 %
Die Aktie ist durchaus ein Favorit unsere Community mit 96 Buy-Einschätzungen und 1 Sell-Einschätzungen.
Das Kursziel von 260 €, festgelegt von der Community für Oracle Corp., zeigt ein Potenzial von 127.27%, was einer Verdopplung des aktuellen Kurses entspricht.
