Expect to see more of this
https://au.investing.com/news/stock-market-news/why-is-oracle-stock-sliding-today-93CH-4690495
4 replies (most recent on top)
ORCL is overpriced.
The rats are the first to leave a sinking ship.
Lehman all over again.
Hold onto your hats, it's 2008 2.0!
"Taken together, the combination of a looming credit cliff, an OpenAI revenue shortfall that calls into question the timing of Oracle’s backlog monetization, insider selling, and a risk-off macro environment driven by hot inflation data has overwhelmed the stock’s recent recovery momentum, sending shares back toward the lower end of their recent trading range."