Oracle And Other Big Stocks Moving Higher In Tuesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
U.S. stock futures traded higher with Oracle, Manchester United, and other big stocks recording gains in Tuesday's pre-market session. Oracle reported better-than-expected Q4 results, while Manchester United received a bid from Qatari investors.
June 13, 2023 | 10:42 am
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POSITIVE IMPACT
Manchester United shares climbed 29.7% in pre-market trading following reports of an accepted bid by Qatari investors.
The accepted bid by Qatari investors for Manchester United is a significant event for the company, which is likely to increase investor interest and drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Oracle shares gained 4.3% in pre-market trading after reporting better-than-expected Q4 results.
Oracle's better-than-expected Q4 results indicate strong financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100