ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ADBE Adobe Inc

482.89
-0.54 (-0.11%)
Last Updated: 17:55:18
Delayed by 15 minutes
Share Name Share Symbol Market Type
Adobe Inc NASDAQ:ADBE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.54 -0.11% 482.89 482.75 482.94 483.30 478.32 483.00 811,030 17:55:18

Stocks to Watch: Adobe, Amtech Systems, Ocular Therapeutix

14/12/2023 12:07am

Dow Jones News


Adobe (NASDAQ:ADBE)
Historical Stock Chart


From Nov 2023 to May 2024

Click Here for more Adobe Charts.

By Ben Glickman

 

Adobe issued fiscal first-quarter and 2024 revenue guidance below analysts estimates. The software maker also said it could face significant costs or penalties related to a Federal Trade Commission investigation into its disclosure and subscription cancellation practices. Shares fall 5.5% to $590 after-hours.

Amtech Systems warned of weaker demand for its products because of a continued downturn in the semiconductor industry. The semiconductor manufacturing equipment maker said it was looking to cut costs, including by reducing its workforce in areas of its business, and had entered a forbearance agreement with a lender. Shares were down 40% to $3.57 after-hours.

Ocular Therapeutix announced a proposed public offering of stock, the proceeds from which it plans to use to fund the development of one of its treatment candidates. The company didn't say how many shares it would sell in the secondary offering. Shares fall 15% to $3.33 after-hours.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

December 13, 2023 18:52 ET (23:52 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year Adobe Chart

1 Year Adobe Chart

1 Month Adobe Chart

1 Month Adobe Chart