Who Knew Oracle Was Going to Buy NetSuite….

Jul 28, 2016
J. Webster
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Oracle is going to buy NetSuite for $109 per share, but it seems like someone knew this yesterday. But was this in the cards years ago…after all, Oracle CEO Larry Ellison is the largest share holder of NetSuite, and the company also happens to be run by an ex-Oracle executive…

Amazingly, NetSuite traded down as low as $8 a share in 2009 during the financial crisis. Today, the stock is trading at $108 a share. Anyone who bought the stock and held on to if for the past six years deserves a lot of credit.

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