Why Is Oracle Stock Down Today?
Oracle spent $23.7 billion more cash than it brought in last fiscal year and borrowed $43 billion to cover the gap. That's a fine trade when money is cheap. It's a worse one with the 30-year Treasury yield near a 20-year high and long bonds selling off from Tokyo to London.
We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- Why Is Oracle Stock Down Today? nasdaq.com
