Shares of the software company fell 1.2% to $38.47.
About 7.6 million shares of Oracle were traded by 1:01 p.m., compared to an average trading volume of about 13.9 million shares a day.
Watch the video below for a look at Oracle's latest move into cloud computing:
TheStreet Ratings team rates ORACLE CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate ORACLE CORP (ORCL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, reasonable valuation levels, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
You can view the full analysis from the report here: ORCL Ratings Report