🟢 Oracle is trading 3.29% up today after winning $567.9 million DHS cloud contract

Oracle is trading 3.29% up at $150.49 after winning a potential $567.9 million Department of Homeland Security cloud-services contract.

• The five-year Cumulus agreement expands Oracle’s federal footprint across DHS.
• Shares were associated with jumping 4.3% to $151.72 in early coverage.
• The Nasdaq is up 0.57%, though the DHS award appears to be the primary catalyst.