Oracle Stock at Risk as Larry Ellison Files to Dump $7.5 Billion in Shares
Oracle stock could be at risk of more downside after Larry Ellison, the founder, filed to sell shares worth $7.5 billion.
Stocks · News reference
Oracle shares are trading higher. Guggenheim maintained its Buy rating and $400 price target on the stock ahead of Q1 financial results scheduled for September 10.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Larry Ellison Cancels Plan to Sell 50 Million ORCL Shares Worth $7.5 Billion
Larry Ellison canceled a planned 50 million-share Oracle sale after the company reported strong quarterly results.
Consumer Tech (Sep 7-11): Apple Launches First Foldable iPhone, XPeng Commissioned IRON Humanoid Robot Production & More
Apple unveiled its iPhone Duo foldable smartphone alongside new iPhone models and Apple Watch products, expanding its hardware lineup with AI capabilities.
GameStop, Oracle, Apple and More: Five Stocks Investors Couldn't Stop Buzzing About This Week
Retail investors talked up 5 hot stocks during week (Sept. 7 to Sept. 11) on X and Reddit's r/WallStreetBets: GME, AAPL, ADBE, ORCL, CASY.