Oracle (ORCL) Falls 11% on Weak Revenue, But There Are Still 2 Reasons to Hold Onto This Stock

By |2023-12-12T17:59:09+00:00December 12th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Oracle (ORCL) delivered second-quarter earnings after the market closed Monday, and the results sent shares lower in extended trading. They picked up from there this morning when the bell opened and the stock fell 11%. The software company fell short of expectations for revenue, delivering just $12.94 billion compared to the consensus of $13.05 [...]