Oracle IPO Date and Exchange Listing
Oracle Corporation went public on March 12, 1986, under the ticker symbol ORCL on the Nasdaq stock exchange Nasdaq ORCL listing page. The company was founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates, and its initial public offering marked a key moment in the history of enterprise software.
The IPO raised capital from public investors for the first time, allowing the company to fund expansion beyond its early database products. The listing on Nasdaq placed Oracle among the technology-focused public companies that defined the growth of the U.S. software industry.
Oracle IPO Price and Initial Market Performance
Oracle's IPO price was set at $24.50 per share, and the stock began trading on the Nasdaq under the ticker ORCL Oracle company overview on Investopedia. The offering was managed by underwriters including Morgan Stanley and Hambrecht & Quist, and shares were allocated to institutional and retail investors.
On its first day of trading, Oracle's stock opened near the IPO price and closed higher, reflecting strong demand for database software companies at the time Forbes coverage of Oracle's early growth. The strong debut helped establish Oracle as a leading public technology company in the enterprise software sector.
Post-IPO Growth and Current Public Status
Stock Splits and Corporate Actions
Since the IPO, Oracle has executed stock splits and maintained its Nasdaq listing while expanding its product portfolio beyond relational databases Oracle SEC filing with recent financial data. The company has continued to operate as a public company, reporting quarterly earnings and filing regular disclosures with the U.S. Securities and Exchange Commission.
Current Market Position
Today, Oracle remains a major public technology company, with its shares traded under ORCL and a market capitalization that places it among the largest software firms globally Oracle stock page on MarketWatch. The company's public profile has grown through cloud infrastructure services, enterprise applications, and database technologies.