NEW YORK (
(ORCL - Get Report)
shares tumbled 8.04% to $30.54 before market open on Friday as investors responded to the database giant's
, released late on Thursday.
Despite meeting analysts' earnings expectations, announcing a dividend hike and an extension to its share buyback program, Oracle reported disappointing and revenue growth. Oracle was also the most active pre-market
stock on share volume of 3,335,828.
(FB - Get Report)
, however, was a gainer, rising 2.09% to $24.40 just a day after the social networker
that its Instagram platform will be getting a video component.
The Menlo Park, Calif.-based firm was another active pre-market Nasdaq stock on share volume of 654,554.
(MU - Get Report)
was another pre-market riser, adding 1.74% to reach $13.77, while
(SIRI - Get Report)
rose 1.25% to $3.31.
Shares of Cisco, which announced a deal to acquire data virtualization
on Thursday, dipped 0.68% to $24.27.
--Written by James Rogers in New York.
>To submit a news tip, send an email to: