Oracle (NYSE:ORCL) Trading Down 4.1% Following Weak Earnings

Oracle (NYSE:ORCL) Trading Down 4.1% Following Weak Earnings

Oracle Co. (NYSE:ORCLGet Free Report)’s stock price traded down 4.1% during mid-day trading on Monday after the company announced weaker than expected quarterly earnings. The company traded as low as $147.13 and last traded at $148.77. 4,310,383 shares were traded during mid-day trading, a decline of 62% from the average session volume of 11,447,529 shares. The stock had previously closed at $155.16.

The enterprise software provider reported $1.47 earnings per…

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