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Meanwhile, US stocks are mixed with the Dow industrial average down -0.18%. The S&P unchanged and the NASDAQ index with a small 0.5% rise.
Focus is on TikTok has been on Oracle. Its shares are currently up $13.21 or 4.42% at $315.52. Recall that Oracle announced last week stronger-than-expected earnings going forward. It’s price surged from $241.51 to a high price on September 10 at $345.72. On Friday, the price dipped all the way down to a low of $291.71 before starting a rebound yesterday and today. Yesterday the price moved up around $10. The price is still well below the high price from last week’s trade.
This article was written by Greg Michalowski at investinglive.com.
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