Kairos Acquisition Corp
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Company profile

Kairos Acquisition Corp. is a blank check company. The Company is created for the purpose of effecting a merger, capital stock or share exchange, asset acquisition, capital stock or share purchase, reorganization or similar business combination with one or more businesses. The Company focuses on insurance and Insurance technology sectors. The Company has no operations and has not generated revenues.

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Oracle's stock falls toward record-long losing streak in wake of Cerner buyout deal

1:19 pm ET December 31, 2021 (MarketWatch)

Shares of Oracle Corp. (ORCL) slipped 0.3% in afternoon trading Friday, putting them on track to extend their losing streak to 11 sessions. That would be the longest such streak since Oracle went public in March 1986. The database giant's stock has now tumbled 15.3% since it last gained ground, when it rose 3.8% on Dec. 15 to close at a record $103.65. Highlighting the losing streak was the 11.2% drop in two days to Dec. 20, after The Wall Street Journal reported, and Oracle confirmed, that it agreed to buy medical-records company Cerner Corp. (CERN) in a deal valued at $28.3 billion. Despite the record-long losing streak, Oracle's stock has still run up 35.7% this year, while the SPDR Technology Select Sector ETF (XLK) has climbed 34.1% and the S&P 500 has advanced 27.3%.

-Tomi Kilgore


(END) Dow Jones Newswires

December 31, 2021 13:19 ET (18:19 GMT)

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