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Oracle Stock Erases 7.5% Opening Jump, Closes Down 1.7%—Here’s the Capex Math
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Oracle Stock Erases 7.5% Opening Jump, Closes Down 1.7%—Here’s the Capex Math
Oracle erased a 7.5% opening gain on Friday and closed at $150.28, down $2.66 or 1.74%, after briefly touching $165.99. The 9.5% retreat from the session high came on 78.5 million shares—about 2.5 times the stock’s three-month average volume. Investors applauded the AI-cloud backlog at the open, then spent the day arguing over how much…
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