Stock Market Alert - ORCL gave their shareholders an early Christmas present on Thursday in the form of a strong Q2 earnings report that sent the stock up over 6% in heavy trading. Over 78 million shares of the stock changed hands, compared to a normal daily average of just over 37 million shares. The company reported Q2 earnings of 25 cents per share and revenues of $5.3 billion dollars, which brought many words of congratulations from analysts and investors alike who praised the company’s strong performance. Analysts are particularly excited about how the company is continuing to build customer loyalty with its products, which should point to continued good things for the company in the future. 2008 is looking to be a strong year for the company as investor optimism is high and the stock is right near its 52 week high.
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