Shares of Adobe Inc. (NASDAQ: ADBE) have been ripping higher. Since the beginning of the month, they have gained more than 10%.
But the rally may be about to end.
General Electric Co. (NYSE: GE) shares were moving down Friday following the company’s announcement of a 1-for-8 reverse split with an effective date of Aug. 2, 2021 that was approved by shareholders last month.
General Electric was down 0.23% at $12.97 at last check.
Orphazyme A S ADR (NASDAQ: ORPH) shares are trading lower by 42% at $8.41 Friday morning after the company announced it received a Complete Response Letter from the FDA for its treatment for Niemann-Pick Disease Type C and also cut its FY2021 outlook.
Shares of crypto-related stocks Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading lower by 2% and 1.5% Friday morning amid a decrease in the price o
Apple Inc. (NASDAQ: AAPL) shares were trading higher Thursday after the Federal Reserve held its rates constant but raised its inflation expectations for the years 2021-2023.
Seven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.
Advanced Micro Devices Inc. (NASDAQ: AMD) shares were trading higher Thursday after the chipmaker and Google Cloud announced T2D.
T2D is the first in a new family of Tau Virtual Machines powered by a third-generation AMD EPYC processor.
Torchlight Energy Resources Inc (NASDAQ: TRCH) shares are trading lower by 15.5% at $5.06 after the company filed to sell up to $100 million shares worth of common stock.