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Oracle (ORCL) – Share price chart, background, and sentiment |
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Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Oracle Corporation (ORCL) is a multinational technology company known for its expertise in developing and selling database software, cloud solutions, and enterprise software products. Oracle is the third largest software company in the world. Founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates, Oracle has seen sustained growth in profitability and revenue.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Oracle’s primary product line includes Oracle Database, an industry-leading relational database management system, which forms the core of many enterprise applications. Additionally, Oracle offers a wide array of software applications and cloud services, such as enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM), supply chain management (SCM), and more. In recent years, Oracle has focused on developing its presence in the cloud computing market.
Oracle’s IPO took place in 1986 and the stock has traded ever since on the NYSE. Like many tech stocks, Oracle saw a significant sell-off in the aftermath of the dot-com crisis, but the stock has generally experienced rapid and sustained growth since its launch. Larry Ellison retains an over 40% stake in the company, and the other major investments are funds such as Vanguard and Geode Capital Management.
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