Market Movers rounded up the latest reactions on Oracle from investors and analysts.
The pros, including Jim Cramer , discussed the software company as its stock suffered the worst single-day drop in more than 20 years.
Late Monday, Oracle reported an earnings beat, but revenue came in lighter than analysts' estimates .
On Tuesday, Monness Crespi Hardt downgraded Oracle to neutral from buy , saying Oracle is a high-quality company but its valuation has become less compelling.
Oracle is currently held in Cramer's Charitable Trust portfolio.
Persons:
Jim Cramer, Monness Crespi Hardt
Organizations:
Oracle, Trust