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Oracle stock plummets after S&P credit rating downgrade

By PulseAugur Editorial · [1 sources] ·

Oracle's stock reached a 52-week low following a credit rating downgrade by S&P. The rating was reduced to just above junk status, with expectations of further downgrades from other agencies. AI

RANK_REASON News about a company's stock performance and credit rating, not core AI development.

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Oracle stock plummets after S&P credit rating downgrade

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  1. Mastodon — mastodon.social TIER_1 English(EN) · nf3xn ·

    I must have missed "Oracle hits 52-week low as S&P cuts credit rating to one notch above junk, others to follow" on the MSM. I'd have thought something like tha

    I must have missed "Oracle hits 52-week low as S&P cuts credit rating to one notch above junk, others to follow" on the MSM. I'd have thought something like that would be big news. https://www. spglobal.com/ratings/en/regula tory/article/-/view/sourceId/101695609 # AI

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