Oracle jumps most in six months as cloud sales show momentum - Moneycontrol


6/14/2022 12:00:00 AM2 years 10 months ago
by Bloomberg

Investors sent the stock up more than 10% to $70.72 at the close Tuesday in New York, the biggest single-day increase since December. The move came just a day after the shares hit a 16-month low.

Oracle Corp. shares jumped the most in six months after the company reported results suggesting its effort to move customers to the cloud is gaining momentum and the acquisition of health care record… [+4153 chars]

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