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Oracle Just Sold $10 Billion of Stock at $116 a Share. Is the Stock a Buy at That Price?

Source: fool.com

Credit & Bond MarketsCompany Fundamentals
Oracle Just Sold $10 Billion of Stock at $116 a Share. Is the Stock a Buy at That Price?

Oracle priced $20 billion in new stock and notes on Nov. 2, its largest promised fundraising through fiscal 2030. The new shares would increase Oracle’s share count by around 3%, creating dilution; the article gives no market reaction.

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