Market-Moving News for June 11th
Navan NAVN | 0.00 | |
Oracle ORCL | 0.00 | |
PureCycle Technologies Inc PCT | 0.00 |
ORCL: -11% | Oracle shares are trading lower after the company reported its Q4 financial results. Also, the company announced it expects to raise approximately $40 billion through a combination of debt and equity financing, including its previously announced $20 billion at-the-market equity issuance.
NAVN: 23% | Navan shares are trading higher after the company reported better-than-expected Q1 financial results and raised its FY2027 sales guidance above estimates.
PCT: -14% | PureCycle Technologies shares are trading lower after the company announced that it has commenced an underwritten public offering of $250.0 million aggregate principal amount of its convertible senior notes due 2032 and concurrently, a $145.0 million common stock offering.
