Orcale dips after report co looks to raise $15 billion from bond sale
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Shares of Oracle ORCL.N fall 1.7% to $308.44 premarket after Bloomberg News reports co looking to raise $15 billion from corporate bond sale
ORCL selling debt in as many as seven parts, including a rare 40-year bond, the report said, citing people familiar with the matter
Oracle did not immediately respond to Reuters request for comment
33 of 43 brokerages rate the stock "buy" or higher, 10 "hold"; median PT is $347 - data compiled by LSEG
Up to last close, ORCL up 88.3% YTD while the broader S&P 500 .SPX is up 13.2%
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