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Becker's Healthcare September 13, 2023
Oracle stock dropped 12 percent on Sept. 12, the steepest drop since 2002, after the software giant reported lower-than-expected revenue, CNBC reported.
Oracle executives blamed some of the financial challenges on absorbing its Cerner EHR unit. The company closed its $28.2 billion acquisition of Cerner in June 2022 and has been working on moving Cerner to the cloud.
“This transition...
