Oracle (ORCL) - Get Report was down 6.3% in midafternoon after hitting 52-week low of $14. The software giant is due to report third-quarter earnings after the close. The Street expects 10 cents per share in the wake of the company's March 1 warning.
That figure is 1 cent better than a year earlier but 2 cents lower than what analysts expected before the preannouncement. Publishing softwaremaker
Nike Set for Record High After Earnings Blowout, $50 Billion Sales Forecast
Surging fourth quarter gross margins and record overall sales offset a modest slump in China and look to push Nike shares to a record high at the opening bell Friday.
, which is also scheduled to report results after the bell, was down 3.4%.