(CNBC) Following a better-than-expected earnings report after the close on Monday, the stock popped 11% on Tuesday. It gained more steam on Wednesday, closing at a record $157.10. Oracle has seen double-digit gains following each of its three quarterly reports this year, driven by the company’s cloud businesses.
Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos
This entry was posted in Syndicated. Bookmark the permalink.
