Biggest stock movers Thursday: ORCL, OKLO, and more

Stock futures inched lower in the premarket hours of Thursday, following soft CPI data and escalating conflict in the Middle East.

Here are some of Thursday’s biggest stock movers:

Biggest stock gainers

• Oracle (NYSE:ORCL) +8% – Shares jumped after the IT giant posted strong fiscal Q4 results, with revenue up 11% Y/Y, driven by 27% growth in cloud revenue, a 52% surge in infrastructure, and a 22% rise in Fusion Cloud ERP. Total remaining performance obligations climbed 41%. Oracle also issued an upbeat FY2026 outlook, with CEO Safra Catz projecting total cloud growth to accelerate from 24% in FY2025 to over 40% in FY2026, infrastructure growth to exceed 70%, and RPO to more than double, positioning the company as a dominant force in both cloud applications and infrastructure.
• Dana (NYSE:DAN) +5% – Shares rose after the automotive supplier announced it would sell its off-highway business to Allison Transmission (ALSN) for $2.7B, representing 7x expected 2025 adjusted EBITDA. The deal, expected to close in late Q4 2025, is set to yield $2.4B in net cash proceeds. CEO R. Bruce McDonald said the sale supports Dana’s strategy to streamline its focus on light- and commercial-vehicle systems. The board also authorized a $1B capital return program through 2027, including $550M to be returned to shareholders by deal close.

Biggest stock losers

• Oklo (NYSE:OKLO) -5% – Shares slipped after the company announced a public offering of $400M in common stock, with underwriters granted an option to purchase up to an additional $60M. The company said it plans to use the proceeds for general corporate purposes, including working capital, capital expenditures, and potential future investments.
• GameStop (NYSE:GME) -12% – Shares dropped after the company announced plans to offer $1.75B of 0.00% convertible senior notes due 2032 in a private placement. The notes, which mature on June 15, 2032, will be unsecured and non-interest bearing, with no accretion on principal amount. Upon conversion, GameStop may settle in cash, shares of Class A common stock, or a combination of both. Final terms, including the conversion rate and repurchase rights, will be set at pricing. Proceeds are earmarked for general corporate purposes.