Why Oracle Stock Fell After the Company’s Fiscal Q4 2018 Release
So far in this series, we’ve discussed Oracle’s (ORCL) fiscal Q4 2018 results. Oracle’s fiscal Q4 2018 results exceeded analysts’ expectations, boosting its stock by 1.5%. However, this surge was short lived. Oracle’s decision to group its cloud revenue with its cloud service and licensing support revenue seems to have met with market disapproval and weighed on Oracle stock.