Oracle’s earnings were liked by analysts, even by those who don’t love the stock
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Shares of Oracle Corp. may be on track to suffer their worst day in a year, but while investors were disappointed in the business software giant’s latest earnings report, Wall Street analysts generally struck a more positive tone.
The stock ORCL sank 6.7% in premarket trading, which put it on track for the biggest one-day decline since it tumbled 12.4% on Dec. 12.