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Oracle (ORCL) Jumps: Stock Rises 8.2%

Zacks Equity Research

Oracle Corporation ORCL was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $50.24 to $54.20 in the past one-month time frame.

The company’s Zacks Consensus Estimate for the current quarter has moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Oracle currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Oracle Corporation Price

Oracle Corporation Price

Oracle Corporation price | Oracle Corporation Quote

Investors interested in the Computer - Software industry may consider Rosetta Stone Inc. RST, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is ORCL going up? Or down? Predict to see what others think: Up or Down

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