Oracle Shares Slip as Ex-Dividend Date, Credit Downgrade and New UK Oversight Weigh on Stock
Oracle shares declined after the stock went ex-dividend for its $0.50 quarterly payout and continued to digest a credit rating downgrade to 'BBB-' issued the day before. Additional regulatory oversight in the U.K. and investor scrutiny of planned AI-related capital spending, guided capex and proposed debt and equity raises added to the weakness, ev…