(CNBC) Oracle shares dropped almost 7%, their steepest decline in a year, following the database software vendor’s disappointing earnings report. The stock’s worst day of 2024 had been a 5.4% decline in May. The shares are still up about 69% for the year, which would be the best annual performance since the dot-com boom of 1999.
Oracle shares suffer steepest drop of 2024 after earnings miss
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