Larry Ellison Cancels Plan To Sell $7.5 Billion In Oracle Stock After His Net Worth Dropped $200 Billion In A Year

Why Oracle Stock Fell Quickly Today

Rate hike fears, AI oversight talk, and an about-face move by Larry Ellison helped send Oracle lower.

Larry Ellison Cancels Plan To Sell $7.5 Billion In Oracle Stock After His Net Worth Dropped $200 Billion In A Year

Larry Ellison registered a plan to sell billions in Oracle stock, then pulled it one day after regulators made it public. The timing raises questions Oracle has chosen not to answer.

Larry Ellison Cancels Massive $7.5 Billion Oracle Stock Sale Plan - Oracle (NYSE:ORCL)

Larry Ellison canceled his $7.5 billion Oracle stock sale plan, easing insider-selling pressure amid concerns over AI spending.

Larry Ellison cancels plan to sell $7.5 billion in Oracle stock

Ellison canceled the 10b5-1 trading plan one day after a regulatory filing disclosed it, with no explanation given

Ellison Scraps a 50 Million-Share Oracle Sale, but ORCL Still Drops 4.6%

Larry Ellison removed a possible 50 million-share source of Oracle selling pressure before any stock changed hands. ORCL's 4.6% Monday drop says investors are still focused on the company's own capital demands. Oracle shares fell 4.6% to $143.42 by 11:13 a.m. EDT Monday even after Larry Ellison canceled a trading plan that could have sold…

Larry Ellison Cancels Sale of $7.5 Billion in Oracle Shares

Larry Ellison, Oracle's co-founder and executive chairman of the board, has canceled a plan that would have involved selling part of his stake in the company, Oracle announced on Saturday.