Why Oracle Stock Dropped Today
Oracle (NYSE: ORCL) stock tumbled 5% through 11 a.m. ET, as investors rethink their enthusiasm for the longtime database software company that's turned into a red-hot play on artificial intelligence (AI) through its relationship with OpenAI.
And why?
Turns out the answer has nothing to do with artificial intelligence at all. Today, it's all about TikTok.
Source Fool.com
Oracle Corp. Stock
€111.54
0.810%
The stock is one of the favorites of our community with 96 Buy predictions and 1 Sell predictions.
With a target price of 260 € there is potential for a 133.1% increase which would mean more than doubling the current price of 111.54 € for Oracle Corp..
