We have already covered in depth how the European Union may have thrown in another roadblock on the Oracle Corp. (NASDAQ: ORCL) acquisition of Sun Microsystems Inc. (NASDAQ: JAVA). This has caused over 1.04 million shares to trade hands in JAVA stock as of 5:18 PM EST. The stock closed at $8.35 today, and the stock is still down 2.6% at $8.13. At one point after the news broke we had as much as an 8% drop.
November 3rd, 2009