Thursday, September 19, 2024

Adobe, Oracle, RH: After-hours movers

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There were a number of stocks moving in after-hours trading on Thursday, September 12.

Shares of Adobe (ADBE) plunged after the software giant reported better-than-expected fiscal third quarter results but issued disappointing Q4 guidance.

Oracle (ORCL) shares jumped after revealing that it sees sales reaching $104 billion in fiscal 2029. The company also raised its fiscal 2026 sales outlook.

RH (RH) saw its stock surge after reporting second quarter earnings that topped Street estimates on both the top and bottom lines.

In the video above, Asking for a Trend anchor Josh Lipton recaps some of the biggest after-hours movers.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Stephanie Mikulich.

Video Transcript

Take a look at what’s trending after our shares of Adobe, they are sliding after fourth quarter revenue guidance missed expectations that disappointing guidance overshadowing strong third quarter results revenue for the most recent quarter rising 11% from a year ago.

Oracle shares.

They are moving higher after offering optimistic outlook.

The company saying annual revenue will rise to at least $104 billion in fiscal year 2029 oracle also lifting its sales outlook for fiscal year 2026.

Topping Wall Street’s expectations.

Shares of Rh are surging after hours.

The home furnishings company beating analyst estimates on the top and bottom line for the second quarter.

Company also cutting its full year adjusted operating margin forecasts.

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