U.S. Markets open in 3 hrs 35 mins

Why Oracle Fell despite Strong Earnings Results

Scarlett Ness
Why Oracle Fell despite Strong Earnings Results

Software and cloud services giant Oracle (ORCL) reported stronger-than-expected fiscal Q4 2018 earnings results. Oracle delivered impressive results and beat Wall Street expectations on both revenue and earnings. Oracle stock fell 3.7% in after-hours trading and fell 0.54% to $46.27 on June 19.