Ups And Downs: The Best And Worst Tech Stocks In The First Half Of 2017

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Oracle

Co-CEOs: Mark Hurd, Safra Catz

Dec. 30, 2016: $38.45

June 30, 2017: $50.14

Change: +30.40%

In January Oracle signed an agreement to buy Apiary, a provider of tools and application framework technology for developing application programming interfaces. In April the company reached a deal to buy Moat, a marketer of data analysis and digital measurement software used by media and publishers. Financial terms of both acquisitions were not disclosed.

The acquisition comes after Oracle made two major acquisitions in late 2016: cloud application developer NetSuite for $9.3 billion and DNS provider Dyn for a reported $600 million.

In June Oracle reported that revenue for its fiscal 2017 (ended May 31) increased 2 percent to $37.73 billion from $37.05 billion. Net income for the year was $9.34 billion, up 5 percent from $8.90 billion in fiscal 2016.