Why Is Oracle (ORCL) Down 8.8% Since Last Earnings Report?

Why Is Oracle (ORCL) Down 8.8% Since Last Earnings Report?

It has been about a month since the last earnings report for Oracle (ORCL). Shares have lost about 8.8% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Oracle due for a breakout? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Oracle (ORCL) reported…

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