https://www.live-feeds.com/feed/oracle-stock-drops-on-surprising-larry-ellison-announcementContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oracle-stock-drops-on-surprising-larry-ellison-announcementhttps://www.live-feeds.com/feed/oracle-stock-drops-on-surprising-larry-ellison-announcement#u69686Wed, 16 Sep 2026 02:06:54 +0000Oracle shares dropped 4.7% following an announcement that Larry Ellison canceled his plan to sell a significant portion of his holdings. Ellison had previously established a trading plan to sell up to $7.5 billion in stock, which included a sale of 50 million shares. Despite the decision to retain these shares, the stock price declined. The cancellation was confirmed by both the Wall Street Journal and Oracle's own Investor Relations department.Why it mattersExecutive stock sales often signal internal sentiment about a company's valuation to the public market. A sudden reversal of a