Why Oracle Stock Was on Fire Today
Speculation about a niche technology company possibly changing hands pushed up Oracle'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&P 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. Continue reading
Speculation about a niche technology company possibly changing hands pushed up Oracle'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&P 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.
