Oracle Under Pressure Following Downgrade By J.P. Morgan
(RTTNews.com) - Shares of Oracle ( ORCL ) have shown a significant move to the downside during trading on Thursday, tumbling by 4.5 percent. Oracle is pulling back further off the nearly three-month closing high it set on Tuesday.
The steep drop by Oracle comes after J.P. Morgan downgraded its rating on the business software giant's stock to Neutral from Overweight.
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