Record Highs for Oracle Stock After Earnings
Cloud stock Oracle Corp (NYSE:ORCL) is soaring to all-time highs today, following the company's better-than-expected fiscal first-quarter results. At last glance, the shares were up 12.5% at 160.52. ORCL attracted at least 15 price-target hikes in response, including one from Mizuho to 170.Options traders are rushing the equity as well. So far this morning, 130,000 calls and 99,000 puts have crossed the tape, which is already 17 times the stock's average daily optio ...