Oracle (ORCL) Stock $116.10 After a $109.21 Low as the $20…
By Tobi Opeyemi Amure
AI summary of the source article
Oracle shares closed at $116.10 after touching a 52-week low of $109.21 following a $20 billion capital raise. The transaction included $10 billion in senior notes alongside an 86.2 million share offering priced at $116.
Why it matters
The new notes carry coupons of 7 to 8.65 percent, which "adds roughly $777 million a year in interest" and "shows how much extra return bond buyers want to fund Oracle's data center build-out."
Key facts
- Oracle raised $20 billion on 2 November via 86,206,897 shares at $116 and $10 billion in senior notes with coupons from 7.000% to 8.650%.
- Borrowings stood at roughly $125.3 billion as of 31 August, alongside negative free cash flow of $23.7 billion in fiscal 2026.
- Oracle dropped a roughly $7 billion, five-year deal to rent Tencent approximately 100,000 AI chips after U.S. officials raised concerns.
Source excerpt · FinanceFeeds
Updated 7 November 2026. Oracle closed Friday 6 November at $116.10 , up 0.82 percent, after swinging between $109.21 and $119.47 (Yahoo Finance data). The intraday low is a fresh 52-week low, below Thursday's $111.66. On Thursday the stock fell 6.93 percent to $115.16 as AI infrastructure names sold off after the midterm elections. Friday's close sits just above the $116 price at which Oracle sol…