Shares of Oracle (NYSE:ORCL) have fallen 15% over the past 12 months, due to mixed earnings, weak guidance, and concerns that its cloud businesses wasn't growing fast enough to offset sluggish growth at its aging database and hardware businesses.
After a period of smooth operations, Oracle Corporation (NYSE:ORCL) is back with a bang as it announced today a new recruitment drive for its Europe, Middle East, and Africa (EMEA) region to fuel its growth plans.
Oracle Corporation: Is ORCL Stock the Next IBM? The problem? Well, for the most part, ORCL has been slumbering along as the tech market continues to innovate, whether with cloud computing, mobile or big data.
Mark Hurd is the chief executive officer of Oracle Corporation. With over 30 years of technology industry leadership, Hurd directs corporate strategy for the IT giant, and is a member of the company's board of directors.
In today's session Oracle Corporation (ORCL) recorded an unusually high (2,660) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the March, 2016 put, expecting serious ORCL decrease.