Shares of Oracle (ORCL) Falling Amid $199.5M Payment to Settle False Claims Act Suit
Get Alerts ORCL Hot Sheet
Price: $142.07 -1.21%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +17.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +17.7%
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Oracle (Nasdaq: ORCL) shares are being sold in Thursday's post-market session following news the tech giant will pay the US $199.5 million in order to resolve the suit related to the False Claims Act.
The stock last traded at $29.49, down almost 2 percent from the close.
The stock last traded at $29.49, down almost 2 percent from the close.
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