Usually layoffs are to make the stock go up. So what's up with Oracle the opposite has happened.
5 replies (most recent on top)
I don't think any ORCL investor is complaining about it's price.
@aj Safra is going to need to hit the revenue numbers out of the park. She was pretty cocky 3 months ago. If she doesn't deliver I would expect the stock to really tumble.
A lot of tech stocks took a bit of a hit... Look at the magnificent seven over the past few days
Wall St is more concerned with O's sales growth. Sure, the bottom line matters too.
they're not always tied to managing a stock price