Oracle after hours -down 50%??

Discussion in 'Stocks' started by optionsgirl, Apr 23, 2009.

  1. I was checking oracle stock on google finance and it is down about 50% in after hours trading. Is after hours trading this volatile? Oracle isn't the only stock to go down 50% after hours. Is someone goosing this price or is it a mistake?
  2. It's a bad quote of some sort and if there was a trade it will surely be broken. If ORCL was down 50%, it would be the top story on most financial news sites (unless it was down because of some huge disaster in which case that would be the big story.)
  3. ery impressive also has been the deal making thus far in 2009. Most recently the Oracle (ORCL)| of Redwood, Larry Ellison, pounced on a bride left at the alter, Sun Micro (JAVA). Will [[IBM]] reenter the fray? IBM, for now, says not. But, the real story is the magnitude and swiftness of the deals being done in 2009 and the manner.
  4. With 4.98 Billion shares out, I have serious doubts that ORACLE will drop nearly 50% as a result of 171 K shares trading after hours. The only other way that would happen is if ORCL were to announce a split, which I hope they do soon.

    Problem Source: Likely manual date entry.

    Hopefully I won't have to eat my words again.

    Back to bed.