Netsuite (N) Shares See Increased Volatility Ahead of Oracle (ORCL) Tender Offer Deadline

November 3, 2016 2:38 PM EDT

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(Updated - November 3, 2016 2:50 PM EDT)

Netsuite (NYSE: N) trading paused for volatility.

UPDATE - Oracle Corporation (NYSE: ORCL) announced on October 7th that it extended the expiration of its tender offer for the acquisition of NetSuite to Friday, November 4, 2016.

Oracle noted that it would be the final extension that Oracle is obligated to make under the merger agreement.

Shares of Netsuite are up 4 percent, but did pop up as much as 8.6 percent at the halt.



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