Adobe, Ulta Beauty fall; Madrigal, Intuitive Surgical rise, Friday, 3/15/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday:
Adobe Inc., down $77.99 to $492.46.
The software maker gave investors a discouraging revenue forecast for its current quarter.
Ulta Beauty Inc., down $29.46 to $535.98.
The cosmetics retailer gave investors a disappointing earnings forecast for the year.
PagerDuty Inc., down $1.68 to $21.25.
The software developer gave investors a weak profit forecast for the year.
Intuitive Surgical Inc., up $11.97 to $396.28.
The surgical device maker received U.S. approval for its latest robotic-assisted surgery system.
Jabil Inc., down $24.31 to $123.15.
The electronics manufacturer trimmed its revenue forecast for the year.
Hibbett, Inc., down $4.52 to $68.51.
The sporting goods retailer gave investors a disappointing profit forecast for the year.
Smartsheet Inc., down $2.78 to $37.52.
The cloud-based work-management platform gave investors a weak revenue forecast.
Madrigal Pharmaceuticals Inc., up $26.80 to $270.37.
The drug developer received regulatory approval for a liver condition treatment.