🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

After-hours movers: Adobe sinks following results, Alector gains on upgrade

Published 12/13/2023, 05:35 PM
Updated 12/13/2023, 05:36 PM
© Reuters After-hours movers: Adobe sinks following results, Alector gains on upgrade
ADBE
-
PBA
-
ENB
-
OCUL
-
MOR
-
ALEC
-

After-Hours Stock Movers:

Ocular Therapeutix (Nasdaq: NASDAQ:OCUL) 15% LOWER; commenced an underwritten public offering of its common stock.

MorphoSys AG ADR (NASDAQ:MOR) 12% LOWER; announces that its Management Board, with the approval of the Supervisory Board, has resolved the launch of a cash capital increase against cash contributions under exclusion of shareholders' pre-emptive rights.

Adobe Systems (NASDAQ:ADBE) 6% LOWER; beat on the top and bottom line for its fourth quarter but provided revenue guidance that was slightly below consensus for its first quarter and full year 2024.

Alector Inc . (NASDAQ:ALEC) 6% HIGHER; Stifel upgraded from Hold to Buy with a price target of $15.00 (from $8.00).

Pembina Pipeline Corporation (NYSE:PBA) 1% LOWER; acquires Enbridge's (NYSE:ENB) 50.0% interest in Alliance Pipeline and its 42.7% interest in Aux Sable for $3.1 billion.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.