Adobe, Arconic fall; Humana, Danaher rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Adobe Inc., down $62.39 to $309.13.
The software company is buying Figma in a $20 billion deal, and its third-quarter revenue disappointed investors.
Danaher Corp., up 18 cents to $281.91.
The medical device maker’s environmental and applied solutions unit will be spun off into an independent company.
PayPal Holdings Inc., down $1.26 to $96.40.
The digital payments company said its chief financial officer is taking a leave of absence for health reasons.
Humana Inc., up $38.39 to $497.24.
The health insurer raised its profit forecast for the year.
Arconic Corp., down $4.24 to $21.24.
The aluminum and metals company gave investors a disappointing financial update.
Norfolk Southern Corp., up 82 cents to $238.86.
A tentative labor agreement averted a strike that would have shut down freight railroads.
Edwards Lifesciences Corp., up 76 cents to $94.88.
The medical device maker received regulatory approval for a device to treat a heart condition.
Hess Corp., down $3.14 to $124.95.
Energy stocks slipped along with U.S. crude oil prices.