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Why Adobe Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Jun 14 20:19

Shares ofAdobe Inc. (NASDAQ:ADBE) rose sharply in today's pre-market trading following better-than-expected second-quarter earnings and strong guidance.

Adobe reported second-quarter revenue of $5.31 billion, beating the consensus estimate of $5.292 billion. The company reported quarterly adjusted earnings of $4.48 per share, beating analyst estimates of $4.39 per share, according to data from Benzinga Pro.

Adobe shares surged 14.6% to $525.76 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

  • FOXO Technologies Inc. (NYSE:FOXO) rose 53.7% to $0.3674 in pre-market trading.
  • Chijet Motor Company, Inc. (NASDAQ:CJET) shares rose 39% to $0.4030 in...
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