Why Oracle Stock Was on Fire Today
Speculation about a niche technology company possibly changing hands pushed up 's (NYSE: ORCL) stock price on Thursday. The database king was mentioned by more than one speculating party as a potential buyer of the company, which has posted some impressive top-line growth numbers in its time.
Oracle shares ended the day's trading session up by over 3%, comparing quite favorably to the S 500 index's 0.6% bump higher.
After market hours Wednesday, Bloomberg published an article stating that restaurant software specialist Olo (NYSE: OLO) is considering a potential sale.
Source Fool.com
Oracle Corp. Stock
€112.64
1.770%
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 130.82% increase which would mean more than doubling the current price of 112.64 € for Oracle Corp..
