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BRIEFMEBRO· The 30-second world & markets brief — including the stories they buried.
55FINANCE

Larry Ellison cancels plan to sell up to $7.5 billion of Oracle stock

⚡ Markets: The cancellation removes a significant, known source of selling pressure on Oracle's stock (ORCL). This is typically seen as a bullish signal, suggesting insider confidence in the company's future performance.ORCL

Oracle founder and chairman Larry Ellison has scrapped a pre-arranged trading plan to sell up to $7.5 billion worth of his shares in the software company. The plan had been in place for several months, and no reason was given for the cancellation.

West MSM 1Financial press 42 countries
5 sources across the spectrum
West MSMReuters — Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion
Financial pressBloomberg — Larry Ellison Ends Plan to Sell Up to $7.5 Billion in Oracle Stock
Financial pressFinancial Times — Larry Ellison cancels $7.5bn Oracle share sale
Financial pressCNBC — Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock
Financial pressWall Street Journal — Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock
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