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ORCL shares jump 4.9% on $3.48 million insider purchase

Oracle’s stock rose about 4.9% to $142.405 as of 11:17 a.m. ET, alongside a reported $3.48 million insider purchase by director Stephen Rusckowski.

ORCL

m. 48 million insider purchase was disclosed. Director Stephen Rusckowski made the purchase, which was described as a confidence signal for the business.