Oracle stock price slides again after $25B bond deal and $20B stock-sale plan hit the tape
Oracle shares fell 6.9% to $136.48 after the company disclosed a $20 billion at-the-market stock program and a $25 billion bond offering. SEC filings also showed the issuance of 100 million depositary shares tied to mandatory convertible preferred stock. The moves come as investors weigh dilution risk and higher funding costs ahead of Oracle’s earnings. Analyst downgrades and a broader tech sell-off added pressure.