NEW YORK – Oracle Corp (NYSE: ORCL) shares experienced a downturn during the regular trading session on Wednesday, April 17th, closing lower before demonstrating a significant recovery in post-market activity.
The enterprise software and cloud computing giant ended the official trading day at 128.62 USD. This price reflected a decrease of $1.14, or 0.88%, compared to the previous day’s close of $129.76. The trading session saw the stock open strongly at $130.90 and reach an intraday high of $131.30 early on.
However, the initial gains were not sustained. Selling pressure emerged, pushing the stock downward throughout the day. Oracle shares ultimately touched a session low of $128.44 near the 4:00 PM ET closing bell, indicating a weaker finish to the standard session.
Following the close, the picture changed considerably. In extended trading, as reported at 7:16 PM GMT-4, Oracle stock surged to 129.55 USD. This represented a gain of $0.93, or 0.72%, from its official closing price, effectively erasing most of the day’s losses and signaling renewed buyer interest after hours.
Key financial metrics for Oracle include a market capitalization shown as 36.07KCr, a Price-to-Earnings (P/E) ratio of 30.21, and a dividend yield of 1.55%. The stock’s 52-week performance range is between $112.78 and $198.31.
