Oracle stock jumps nearly 10% after D.A. Davidson upgrade — what ORCL traders watch next
Oracle shares jumped 9.6% to $156.59 in heavy after-hours trading Monday after D.A. Davidson upgraded the stock to buy. Melius cut its rating to hold, citing concerns over cash flow as Oracle pursues a $45–50 billion cloud expansion. The stock remains about 55% below its 52-week high. Investors are watching U.S. jobs and inflation data for signals affecting tech stocks.