Oracle's Nearly 50% Crash Since June 1 Plunges Larry Ellison From No. 2 To No. 8 In Billionaire Ranks

Oracle’s market valuation has fallen $494B from its September peak of $877.1B to about $383B as of Monday, implying a drawdown of roughly 56%. The move signals deteriorating investor sentiment and a negative repricing of the company’s outlook.

Analysis

Oracle’s market valuation has fallen $494B from its September peak of $877.1B to about $383B as of Monday, implying a drawdown of roughly 56%. The move signals deteriorating investor sentiment and a negative repricing of the company’s outlook.