ORCL ▼ -3.5% - Oracle Corporation
$ORCL Larry Ellison Cancels His Plan to Sell Oracle Stock
Oracle shares fell 3.5% today after founder Larry Ellison canceled his previously announced plan to sell company stock. The reversal of the planned sale removed a near-term supply overhang that had weighed on the stock, though the magnitude of the decline suggests investors may have been concerned about what prompted Ellison to change course or viewed the news as reflecting broader confidence issues with the company's outlook.
13-SEP-2026 08:10 AM ET
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