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Opower (OPWR) Stock Rallies on Oracle Deal

NEW YORK (TheStreet) -- Opower (OPWR) stock is advancing 31.27% to $10.37 on heavy trading volume Monday morning after the cloud-based software company agreed to be acquired by Oracle (ORCL), an enterprise software provider, in a transaction valued at $532 million.

Oracle stock is up 0.23% to $39.95 this morning.

Opower offers digital services to global utilities companies, such as PG&E (PCG), Exelon (EXC) and National Grid...