Why Oracle Stock Is Surging Today

Oracle (NYSE: ORCL) stock is seeing big gains in Monday's trading. The company's share price was up 4.6% as of 1:40 p.m. ET, amid a 0.2% gain for the S&P 500 (SNPINDEX: ^GSPC) and a 0.1% gain for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The stock had been up as much as 8.6% earlier in the day.Oracle's valuation is climbing higher today following new guidance from management and bullish coverage from analysts. The reaction from investors has pushed the company's share price to a new all-time high.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool