News that Oracle (ORCL -2.84%) might get involved in the controversy-laden saga that is TikTok sent the American company’s shares down on Tuesday. Oracle’s share price fell by 3% on the day, a steeper tumble than the 1.1% slip of the S&P 500 (^GSPC -1.07%).
Dancing with ByteDance?
That morning, citing unnamed “people familiar with the matter,” Bloomberg reported that Oracle is considering a proposal whereby it would provide security guarantees for TikTok’s…
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https://www.fool.com/investing/2025/03/18/why-oracle-stock-slipped-by-3-today/
