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ORCL Oracle Corp

144.99
2.23 (1.56%)
13 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Oracle Corp NYSE:ORCL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.23 1.56% 144.99 145.13 141.26 142.71 7,361,641 00:59:56

Stocks to Watch: Oracle, Hasbro, Blue Bird

12/12/2023 12:07am

Dow Jones News


Oracle (NYSE:ORCL)
Historical Stock Chart


From Jul 2023 to Jul 2024

Click Here for more Oracle Charts.

By Ben Glickman

 

Oracle's revenue grew 5% in the fiscal second quarter, but sales missed Wall Street's estimates. The software company's profit increased but fell short of expectations. Shares sink 7.7% to $106.25 in after-hours trading.

Hasbro said it would cut 1,100 jobs, or nearly 20% of its workforce, its second round of job cuts announced this year, The Wall Street Journal reported. The company warned weaker sales trends have persisted into the holiday season and are likely to continue into 2024. Shares fall 3.9% to $47 after-hours.

Blue Bird swung to a larger-than-expected profit in the fiscal fourth quarter as higher prices boosted sales. The company's revenue from bus sales rose 12% and Blue Bird sold more units. Shares rise 8.2% to $23.60 after-hours.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

December 11, 2023 18:52 ET (23:52 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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