Why Oracle Stock Slipped 35% in June
Yahoo Finance ·
Shares of Oracle ( ORCL +2.49% ) sank 35% in June, according to data from S&P Global Market Intelligence . After rebounding in May, the database and software provider turned artificial intelligence ( AI ) cloud solution reported earnings in June that disappointed investors. Oracle is now down 56% from its highs and trades at a below-market price-to-earnings ratio ( P/E ). Here's why the stock was falling in June, and whether it is a buy today.
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