Oracle has agreed to buy NetSuite for $9.3 billion.
News & Analysis: NetSuite
Shares popped in response to rumors that the company might receive a takeover offer.
Box, Mobileye, NetSuite, and Logitech all have especially high short interest.
The cloud-based software provider's products continue to outpace rivals as it gobbles up market share.
Tech stocks were in free fall, with many formerly high-flying cloud stocks tumbling.
The human resources cloud services company set new records for the quarter and full year and expects more gains in 2016.
Shares of the cloud-based software provider jumped on a better-than-expected earnings report.
Revenue comes in short of Wall Street's consensus as gross margin declines again.
Enterprise customers are buying into NetSuite's cloud-based business management tools right now, lifting second-quarter results above analyst targets.
The provider of cloud-based business software misses Q2 earnings estimates despite strong revenue growth and robust cash flow.