On September 17, 2009
Oracle Shares Cool Off on Disappointing Q1 Sales
Shares of Oracle slipped in premarket activity Thursday after the information technology company reported sales fell below analyst expectations in the latest quarter, showing that businesses are still reluctant to buy new software. The stock slid 68 cents, or 3 percent, to $21.45 ahead of the opening bell, edging back from their 52-week high of $22.95 hit last week.
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