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Today, we’re highlighting some of the companies that made headlines in extended trading:
Adobe – Shares of Adobe plunged more than 10% after the software company issued soft guidance for the fiscal fourth quarter. While third-quarter adjusted earnings and revenue beat estimates, the company’s revenue forecast fell short of analysts’ expectations.
Oracle – On a more positive note, Oracle advanced nearly 6% after raising its revenue guidance during its analyst day. The cloud software company now estimates 2026 revenue of at least $66 billion, surpassing prior guidance and analysts’ forecasts.
Neurocrine Biosciences – Unfortunately, Neurocrine Biosciences saw a decline of over 2% as its investigational drug luvadaxistat, a potential schizophrenia treatment, failed to meet primary endpoints in a phase two study.
RH – The home furnishings company, RH, saw a remarkable surge of nearly 19% after reporting a top- and bottom-line beat for the fiscal second quarter. RH exceeded analysts’ expectations with adjusted earnings of $1.69 per share on $830 million in revenue.
Aptiv PLC – Lastly, shares of auto parts company Aptiv PLC rose 1.7% after CEO Kevin Clark purchased nearly 30,000 shares earlier this week, according to a filing with the U.S. Securities and Exchange Commission.
At Extreme Investor Network, we believe in providing you with valuable insights and analysis to help you navigate the complex world of finance. Stay tuned for more updates and tips on how to maximize your investments.