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Why the Oracle Stock Buyback Is Too Much of a Good Thing
A $10 billion Oracle stock buyback, paired with Tuesday's fiscal Q3 earnings beat, sent ORCL stock up 5.5% in the following two days.
But it's not at all clear investors should have greeted this news with so much enthusiasm. There's much more going on here than meets the eye, especially regarding the Oracle stock buyback.
Here's why investors need to be wary of ORCL stock right now...
A $10 billion Oracle stock buyback, paired with Tuesday's fiscal Q3 earnings beat, sent ORCL stock up 5.5% in the following two days.
But it's not at all clear investors should have greeted this news with so much enthusiasm. There's much more going on here than meets the eye, especially regarding the Oracle stock buyback.
Here's why investors need to be wary of ORCL stock right now...